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FINANCE COMPANY
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("finance company" is a kind of...):
nondepository financial institution (a financial institution that funds their investment activities from the sale of securities or insurance)
Hyponyms (each of the following is a kind of "finance company"):
consumer finance company; small loan company (a finance company that makes loans to people who have trouble getting a bank loan)
captive finance company (a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products)
sales finance company (a finance company that buys (at a discount) the installment sales contracts of retail merchants)
commercial credit company; commercial finance company (a finance company that makes loans to manufacturers and wholesalers)
