a system of financing that permits a dealer to borrow money to buy goods, which become the security for the loan that is repaid when the merchandise is sold.
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You may have read the word "simmer" in a recipe or two, but what does it really mean?
Also called floor plan financing.
Words nearby floor planning
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020