Vocab Bloom Hub

installment loan

/ɪnˈstɔːlmənt ləʊn/

Traducción: Préstamo que se otorga por una suma única y se reembolsa durante un período fijo mediante pagos regulares (cuotas), generalmente con intereses.

1 entrada

phrase

/ɪnˈstɔːlmənt ləʊn/B2formalbusiness
  • esPréstamo que se otorga por una suma única y se reembolsa durante un período fijo mediante pagos regulares (cuotas), generalmente con intereses.

A type of loan that is borrowed as a lump sum and repaid over a fixed period of time through regular, scheduled payments (installments), typically with interest.

  1. Fixed payment loanB2formal

    A type of loan that is repaid over time with a set number of scheduled payments, typically of equal amounts.

    espréstamo a plazos fijos

    • She took out an installment loan to buy a new car.
    • The bank offers installment loans with fixed interest rates.
    • He pays his installment loan every month without fail.