consumer credit

noun

1. credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods.

Word History and Origins

Origin of consumer credit¹

First recorded in 1925–30

Example Sentences

Tax breaks to selected manufacturers like automakers, and dollops of consumer credit, have jammed the malls and snarled traffic.

From The Daily Beast

Consumer credit, on the other hand, rose for the eighth straight quarter, this time at an annual rate of 4.5 percent.

From The Daily Beast

Consumer credit fell steeply in 2009 and has been barely flat through 2010.

From The Daily Beast

First, to continue the power to control consumer credit and enlarge the power to control bank credit.

From Project Gutenberg