Meaning | A financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses. |
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Narrower | 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 |
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commercial finance company, commercial credit company | A finance company that makes loans to manufacturers and wholesalers |
consumer finance company, small loan company | A finance company that makes loans to people who have trouble getting a bank loan |
sales finance company | A finance company that buys (at a discount) the installment sales contracts of retail merchants |
Broader | nondepository financial institution | A financial institution that funds their investment activities from the sale of securities or insurance |
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Spanish | financiera |
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Catalan | financera |
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