HyperDic: captive_finance_company

English > 1 sense of the expression captive finance company:
NOUNgroupcaptive finance companya finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products
English > captive finance company: 1 sense > noun 1, group
MeaningA finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products.
Broaderfinance companyA financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses

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