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finance company

noun

  1. an institution engaged in such specialized forms of financing as purchasing accounts receivable, extending credit to retailers and manufacturers, discounting installment contracts, and granting loans with goods as security.


finance company

noun

  1. an enterprise engaged in the loan of money against collateral or speculatively to manufacturers and retailers, esp one specializing in the financing of hire-purchase contracts


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Word History and Origins

Origin of finance company1

First recorded in 1925–30

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Example Sentences

I had my own crate for several years until the finance company took it away from me.

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