captive finance company

A leasing or finance company which is affiliated with an automobile manufacturer or distributor.

Dictionary of automotive terms. 2015.

Look at other dictionaries:

  • Captive Finance Company — A subsidiary whose purpose is to provide financing to customers buying the parent company s product. The captive finance company is usually wholly owned by the parent company. Although there are numerous examples of these, the best ones occur in… …   Investment dictionary

  • captive finance company — noun a finance company owned by a manufacturer to finance dealers inventories or to make loans to consumers buying the company s products • Hypernyms: ↑finance company …   Useful english dictionary

  • captive finance company — A company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company. Bloomberg Financial Dictionary …   Financial and business terms

  • captive finance company — A finance company controlled by an industrial or commercial company …   Accounting dictionary

  • captive finance company — A finance company controlled by an industrial or commercial company …   Big dictionary of business and management

  • captive finance company — Fin an organization that provides credit and is owned or controlled by a commercial or manufacturing company, for example, a retailer that owns its store card operation or a car manufacturer that owns a company for financing the vehicles it… …   The ultimate business dictionary

  • Captive Insurance Company —    An insurance company owned by the company or companies whose risks it insures. Using a captive company brings costs and tax advantages so they are often used when a company considers itself large enough to insure its own risks …   Financial and business terms

  • finance company — noun a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses • Hypernyms: ↑nondepository financial institution • Hyponyms: ↑consumer finance company, ↑small loan company,… …   Useful english dictionary

  • finance company — See captive finance company …   Dictionary of automotive terms

  • Captive insurance — companies are insurance companies established with the specific objective of financing risks emanating from their parent group or groups but they sometimes also insure risks of the group s customers as well. Using a captive insurer is a risk… …   Wikipedia

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