| 单词 | finance house |
| 释义 | finance housefinance housea financial institution that is not a bank or building society and that provides credit to finance personal or corporate acquisitions of property. Many finance houses specialize in the financing of purchases of consumer goods on hire purchase; others specialize in equipment leasing. Authorization for lending activities is required under Banking and Consumer Credit legislation.finance housefinance housea financial institution which accepts deposits of money from savers and which specializes in the provision OF INSTALMENT CREDIT to borrowers and LEASING facilities. See MONETARY SYSTEM, MONETARY POLICY.finance housea financial institution that accepts deposits from savers and specializes in the lending of money by way of INSTALMENT CREDIT (hire purchase loans) and LEASING for private consumption and business investment purposes. See FINANCIAL SYSTEM. |
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