CAPTIVE FINANCE COMPANY

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products

Classified under:

Nouns denoting groupings of people or objects

Hypernyms ("captive finance company" is a kind of...):

finance company (a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses)

Credits