time-sale financing

Definition

A form of financing where a third party purchases installment sale contracts from a dealer and the borrower will make his payments to the lender. The contracts are sold at a discounted value and this is usually done in combination with dealer floor planning. Banks are the most common borrowers of this type of financing.

Related Videos




http://www.businessdictionary.com/definition/time-sale-financing.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z