consumer debt

noun

: a debt from buying something at a store
Most of his debts are consumer debts.

Examples of consumer debt in a Sentence

Recent Examples on the Web Robert Prange/Getty Images The financial services company purchases and services consumer debt that originates from financial institutions, credit card companies and retailers. Megan Cerullo, CBS News, 6 Sep. 2024 Avoid Bad Debt: Not all debt is bad, but high-interest consumer debt, like credit card debt, can be a major roadblock to wealth. Melissa Houston, Forbes, 17 Aug. 2024 Milwaukee came in 58th-highest in the ranking of the 100 largest U.S. cities, which tracked consumer debt in the first fiscal quarter of 2024. Maia Pandey, Journal Sentinel, 14 Aug. 2024 The rate indicates what banks charge each other for overnight lending but sets a guidepost for a slew of other consumer debt products. Jeff Cox, CNBC, 30 July 2024 See all Example Sentences for consumer debt 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'consumer debt.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near consumer debt

Cite this Entry

“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 1 Oct. 2024.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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