finance business definition
finance business means the undertaking of business of accepting deposits of money or accepting money from the public subject to repayment on demand or at the end of a specified period, which is not accepting deposits of money or accepting money in the accounts to be withdrawn by cheques, and of employing such money in one or several ways such as granting of credits, buying or selling of bills of exchange or any other negotiable instrument.
finance business means any
finance business means (i) the leasing or renting to any Person (directly or indirectly by financing such leasing or renting), or financing the purchase by dealers or customers, of products of any Person, (ii) providing capital funds for any Person, (iii) acquiring and owning notes, receivables (including lease receivables) and other obligations of any Person and the financing of such obligations, and (iv) transacting such other business as may be reasonably incidental to the business specified in the preceding clauses (i), (ii) and (iii).
More Definitions of finance business
finance business means the business of acceptance of deposits, and
finance business means the business of raising money from the public by the issue of bonds or other securities;
finance business means the business of procuring funds and using such funds for any kind of business operation, which may be categorized as follows:
finance business. (a) the small loan, personal finance, consumer finance or installment credit business (including the business of making collateral loans secured by credit obligations or personal property), (b) the sales finance business and the business of purchasing and selling notes and accounts receivable (whether or not repayable in installments) and interests therein, (c) the commercial financing and factoring business as generally conducted, including the leasing of tangible personal property, and (d) any business (including, without limitation, securitization and other receivables-based transactions) related to or conducted in connection with any business of the character referred to in the foregoing clauses (a), (b) and (c) other than insurance underwriting.
finance business means trust business or corporate business carried on for profit or reward in or from within the Federation;
finance business means, when used with respect to the Company, the business of lending, consulting, guaranteeing obligations of others, financing and leasing Property, the acquisition and ownership of receivables arising therefrom and the transaction of such other business as may be reasonably incidental thereto including, without limitation, the sale of repossessed collateral or Property previously subject to lease.
finance business means the business of acceptance of money by way of deposit, the payment of interest thereon and –