What is another word for bought on credit?
Pronunciation: [bˈɔːt ˌɒn kɹˈɛdɪt] (IPA) 
"Bought on credit," refers to a financial transaction where a person purchases an item without paying the full amount upfront. There are several alternative phrases that can also describe this transaction, such as "purchased on account," "bought on installment," or "acquired through financing." Other common synonyms include "credit purchase," "deferred payment," "credit installment," and "contract purchase." It is important to note that such transactions require careful consideration, as they often involve interest and fees that can accumulate over time. Understanding these options and choosing the one that best suits one's financial needs is crucial to avoid accruing excessive debt.
