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or at the end of a specified period, which is not accepting deposits of money or accepting money in the accounts to be withdrawn by cheques, and of employing such money in one or several ways such as granting of credits, buying or selling of bills of exchange or any other negotiable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 the business of acquiring and/or making loans (a majority of which shall be secured) and/or servicing Receivables and the transaction of such other business as may be reasonably incidental thereto including, without limitation, the leasing business and the direct lending business including the sale of insurance as agent or broker.
finance business means any

Examples of finance business in a sentence

  • The Company shall not, and shall not permit any of its Subsidiaries to, engage in any material line of business substantially different from the Finance Business.

  • The Environmental Committee is made up of departmental managers holding senior positions in various departments in the company including: Procurement, Global Supply Chain, Engineering, EHS, Quality, Ethics and Compliance, Legal, Finance, Business Continuity, Global Product Line Management, Enterprise Risk and Internal Audit and oversees the work of the Product Compliance Team.

  • Upon the earliest of (i) the second anniversary of the Closing, (ii) the Purchaser Qualified IPO and (iii) the Alipay Qualified IPO, the Purchaser shall pay any remaining amount of the Finance Business Consideration that has not been paid pursuant to the preceding sentence.

  • Specialty Finance Business Specialty Finance Business • Collection of discrete businesses focused on acquisition and servicing/sale of value-based assets where execution, efficiency, standardization, and productivity are essential to optimizing profitability.

  • Snyder served as Senior Vice President of Strategy, Business Development & Planning until August 2018 at which point he became Senior Vice President of Global Finance, Business Development and Planning.


More Definitions of finance business

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 the business of acceptance of deposits, and
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 means the business of raising money from the public by the issue of bonds or other securities;
finance business means trust business or corporate business carried on for profit or reward in or from within the Federation;
finance business means the business that Beijing Yiju and its Subsidiaries currently conduct or propose to conduct as of the date hereof, including without limitation real property transactional bridge finance, consumer finance, microcredit lending, P2P lending, financing guarantee, guaranteed payment, third-party payment processing, insurance brokerage, financial lease, commercial factoring and financial supporting services.
finance business means, the business that Beijing Yiju and its Subsidiaries currently conduct or propose to conduct as of the Closing Date, including without limitation real property transactional bridge finance, consumer finance, microcredit lending, P2P lending, financing guarantee, guaranteed payment, third-party payment processing, insurance brokerage, financial lease, commercial factoring and financial supporting services.