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finance company |
Also found in: Dictionary/thesaurus, Financial | 0.04 sec. |
finance companySpecialized financial institution that supplies credit for the purchase of consumer goods and services. Finance companies purchase unpaid customer accounts at a discount from merchants and collect payments due from customers. They also grant small loans directly to consumers at a relatively high rate of interest. |
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? Mentioned in | ? References in periodicals archive | |
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Our second largest sector is participations with other lenders and finance companies on credits covering crop input, livestock and livestock facilities. Her list of clients includes institutional lenders and finance companies. These illustrative statements also are available in the AICPA publication, Checklists and Illustrative Financial Statements for Banks, Savings Institutions, Credit Unions, Finance Companies, and Mortgage Companies. |
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finance companies
