1. Therefore a guarantee represents neither a loan, nor a deferred payment, nor other similar financial accommodation within the meaning of the Directive.

2. m) "drawdown" means an amount of credit made available to the consumer in the form of a deferred payment, loan or other similar financial accommodation;

3. (2) A credit agreement is an agreement whereby a creditor, for valuable consideration, grants or promises to grant credit in the form of a loan, deferred payment or other financial accommodation.

4. 25 When goods are sold on a deferred-payment plan, the seller may either retain legal ownership of the goods or hold a chattel mortgage until the final payment is made.

5. ‘(c) “credit agreement” means an agreement whereby a creditor grants or promises to grant to a consumer credit in the form of a deferred payment, loan or other similar financial accommodation ...