What is an agreement between a consumer and lender to borrow money and pay it back in increments called?

asked May 12, 2017 153k views

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6 votes

A "loan" is an agreement between a consumer and a lender to borrow money and pay it back in increments.

Ovadia answered May 14, 2017

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3 votes

If the choices are credit, lending, grant, and subsidy, the answer would be lending.

Ako answered May 18, 2017

by Ako

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