What does captive finance company mean?
Definitions for captive finance company
cap·tive fi·nance com·pa·ny
This dictionary definitions page includes all the possible meanings, example usage and translations of the word captive finance company.
Princeton's WordNet
captive finance companynoun
a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products
ChatGPT
captive finance company
A captive finance company is a subsidiary established by a parent company to provide financing solutions to its customers, enabling them to purchase its products or services. These companies can take the form of car loans, home appliance loans, or other consumer and commercial loans or leases. Captive financing benefits both parties, as it allows the parent company to increase sales, while consumers gain access to easier, potentially cheaper credit.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of captive finance company in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of captive finance company in Pythagorean Numerology is: 8
Translations for captive finance company
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"captive finance company." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/captive+finance+company>.
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