finance company

Other forms: finance companies

Definitions of finance company
  1. noun
    a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses
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    types:
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    consumer finance company, small loan company
    a finance company that makes loans to people who have trouble getting a bank loan
    captive finance company
    a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products
    sales finance company
    a finance company that buys (at a discount) the installment sales contracts of retail merchants
    commercial credit company, commercial finance company
    a finance company that makes loans to manufacturers and wholesalers
    industrial bank, industrial loan company
    a finance company that makes small loans to industrial workers
    type of:
    nondepository financial institution
    a financial institution that funds their investment activities from the sale of securities or insurance
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