/ English Dictionary |
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)