| 释义 |
captive finance company
Thesaurus| Noun | 1. | captive finance company - a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's productsfinance company - a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses |
Captive finance company
Captive finance companyA company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company.Captive Finance CompanyA subsidiary financial institution whose primary or sole operation is the provision of credit for customers of the parent company. For example, a captive finance company owned by a dental corporation may make loans for the expensive dental services. Captive finance companies have historically been prominent in the automotive industry, easing the purchase of cars from whichever company owns them. Captive finance companies are typically wholly owned subsidiaries.captive finance company
Words related to captive finance companynoun a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's productsRelated Words |