installment loan

noun

A loan that is repaid over time with a set number of regularly scheduled payments, and may or may not include a balloon payment.

Similar
installment credit

Meanings

nouninstallment loan (plural installment loans)

plural installment loans

  1. bankingA loan that is repaid over time with a set number of regularly scheduled payments, and may or may not include a balloon payment.

Synonyms & antonyms

nouna loan repaid with interest in equal periodic payments

Similar
installment credit

Synonym sets from Open English WordNet, CC BY 4.0.

Translations

Finnish osamaksulaina, osamaksuluotto
  • osamaksulainaTranslations
  • osamaksuluottoTranslations
French prêt échelonné, prêt remboursable par tranches
  • prêt échelonnéTranslations
  • prêt remboursable par tranchesTranslations
  • prêt à versements périodiquesTranslations
  • prêt à tempéramentTranslations
  • crédit à tempéramentTranslations
Polish kredyt ratalny
  • kredyt ratalnyTranslations
Cite this entry
APA

installment loan. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/installment%20loan

MLA

“installment loan.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/installment%20loan. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “installment loan,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/installment%20loan.

Source: installment loan on Wiktionary, CC BY-SA 4.0.