finance company

finance company
Non-bank company that makes loans to individuals and businesses. Its capital comes from banks and other financial institutions and money markets-rather than from deposits. The primary types of finance companies are: consumer (or small loan) finance companies; sales finance (acceptance) companies, that purchase installment financing paper from e.g. automobile dealers; and, commercial finance or credit companies that make loans to manufacturers and wholesalers

Black's law dictionary. . 1990.

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Look at other dictionaries:

  • finance company — see company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • finance company — finance .company AmE [ US .ˈ. ˌ...] n finance .house [.ˈ. .] BrE a company that lends money, especially to businesses …   Dictionary of contemporary English

  • finance company — (also finance house) ► NOUN ▪ a company concerned primarily with providing money, e.g. for hire purchase transactions …   English terms dictionary

  • finance company — finance companies N COUNT A finance company is a business which lends money to people and charges them interest while they pay it back …   English dictionary

  • finance company — ☆ finance company n. a company specializing in the lending of money to consumers, the purchasing of accounts receivable, and the extension of credit to businesses …   English World dictionary

  • finance company — finance ,company noun count a business that lends money to companies …   Usage of the words and phrases in modern English

  • finance company — noun a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses • Hypernyms: ↑nondepository financial institution • Hyponyms: ↑consumer finance company, ↑small loan company,… …   Useful english dictionary

  • finance company — A company whose business and primary function is to make loans to individuals, while not receiving deposits like a bank. Bloomberg Financial Dictionary * * * finance company finance company ➔ company * * * finance company UK US noun [C] FINANCE ► …   Financial and business terms

  • finance company — UK / US noun [countable] Word forms finance company : singular finance company plural finance companies business a business that lends money to companies …   English dictionary

  • finance company — See captive finance company …   Dictionary of automotive terms

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