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automobile loan

 

Definitions from WordNet

Noun automobile loan has 1 sense
  1. automobile loan, auto loan, car loan - a personal loan to purchase an automobile
    --1 is a kind of personal loan, consumer loan

Definitions from the Web

Automobile Loan

Definition: An automobile loan is a type of loan provided by financial institutions to help individuals purchase a vehicle. It is a form of secured loan where the vehicle serves as collateral.

Usage:

  1. Sense: Popular usage
    • Noun: I applied for an automobile loan to buy my dream car.
    • Verb: He decided to automobile loan a brand new luxury car for the weekend.
  2. Sense: Local usage
    • Noun: The credit union offers low-interest automobile loans to its members.
    • Adjective: She's looking for a reputable automobile loan provider in the local area.

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