financing agency

financing agency
A bank, finance company or other person who in the ordinary course of business makes advances against goods or documents of title or who by arrangement with either the seller or the buyer intervenes in ordinary course to make or collect payment due or claimed under the contract for sale, as by purchasing or paying the seller's draft or making advances against it or by merely taking it for collection whether or not documents of title accompany the draft. "Financing agency" includes also a bank or other person who similarly intervenes between persons who are in the position of seller and buyer in respect to the goods. U.C.C. No. 2-104

Black's law dictionary. . 1990.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • financing agency — A bank, finance company or other person who in the ordinary course of business makes advances against goods or documents of title or who by arrangement with either the seller or the buyer intervenes in ordinary course to make or collect payment… …   Black's law dictionary

  • Agency debt — is a security, usually a bond, issued by a U.S. government sponsored agency. The offerings of these agencies are backed by the government, but not guaranteed by the government since the agencies are private entities. Such agencies have been set… …   Wikipedia

  • Agency Debentures — Debt issued by a federal agency or a government sponsored enterprise (GSE) for financing purposes. These types of debentures are not backed by collateral, but by the integrity and credit worthiness of the issuer. Officially, agency debentures… …   Investment dictionary

  • financing statement — A document setting out a secured party s security interest in goods. A document designed to notify third parties, generally prospective buyers or lenders, that there may be an enforceable security interest in the property of the debtor. Villa v.… …   Black's law dictionary

  • financing statement — A document setting out a secured party s security interest in goods. A document designed to notify third parties, generally prospective buyers or lenders, that there may be an enforceable security interest in the property of the debtor. Villa v.… …   Black's law dictionary

  • Agency cost view — The argument that specifies that the various agency costs create a complex environment in which total agency costs are at a minimum with some, but less than 100%, debt financing. The New York Times Financial Glossary …   Financial and business terms

  • agency cost view — The argument that specifies that the various agency costs create a complex environment in which total agency costs are at a minimum with some, but less than 100%, debt financing. Bloomberg Financial Dictionary …   Financial and business terms

  • Financing Corporation — ( FICO) A government agency chartered in 1987 to bail out the Federal Savings and Loan Insurance Corporation (FSLIC ) by issuing ( issue) bonds. Bloomberg Financial Dictionary …   Financial and business terms

  • New Zealand Transport Agency — NZ Transport Agency Waka Kotahi Agency overview Formed August 1, 2008 …   Wikipedia

  • Federal financing for small businesses in Canada (grants and loans) — The Federal Government of Canada funds a number of programs and agencies that provide or facilitate financing for small businesses. Financing is available in the form of grants (sometimes called non repayable contributions ), loans, loan… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”