finance company

American  

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.

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finance company British  

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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Etymology

Origin of finance company

First recorded in 1925–30