auto loan
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Definition(s):
- (n) a personal loan to purchase an automobile
Synonym(s)
Usage(s):
- But some economists wonder why buying up credit card and auto loan debt is any better or easier to do than buying up mortgage bonds.
- The salesman was assumed to be making mortgage payments on a $40,000 house, and to be paying $110 a month on an auto loan and $50 a month on department-store charge accounts.
- The average auto loan is now payable over 48 months, up from 36 in 1982.
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spurious
/s ˈpjʊ ri əs /
/s ˈpjʊ ri əs /