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English definition of “easy terms”

easy terms

noun [plural]    
COMMERCE a way of paying for something with a series of small payments: Families on low incomes opt to pay using 'easy terms' - a TV for a small amount each a week.
FINANCE a way of borrowing money at a low interest rate: Lenders began to offer money on increasingly easy terms to borrowers with poor credit scores.
(Definition of easy terms noun from the Cambridge Business English Dictionary © Cambridge University Press)
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