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finance company |
Also found in: Dictionary/thesaurus, Financial | 0.02 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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Islamic banking activities started in Turkey with the opening of two Islamic finance houses at 1985. SWH Funding will not finance houses of worship, gravel pits or casinos. The typological umbrella might also embrace certain business and commercial buildings, as many banks, finance houses and private companies embody institutional characteristics. |
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finance houses
