sales finance company

sales finance company
a finance company that purchases, at a discount, installment contracts from dealers or that finances retail sales.

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Universalium. 2010.

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  • sales finance company — noun a finance company that buys (at a discount) the installment sales contracts of retail merchants • Hypernyms: ↑finance company * * * a finance company that purchases, at a discount, installment contracts from dealers or that finances retail… …   Useful english dictionary

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  • finance company — 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. [1925 30] * * *… …   Universalium

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  • Sales taxes in the United States — are a tax added onto the price of goods or services that are purchased in the United States. A sales tax is a tax on consumption, which is displayed as a percentage of the sale price. Sales taxes are assessed by every state except Alaska,… …   Wikipedia

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