| 单词 | finance house |
| 释义 | finance house finance house Any organization, many of which are owned by commercial banks, that provides finance for hire-purchase or leasing agreements. A consumer, who buys an expensive item (such as a car) from a trader and does not wish to pay cash, enters into a hire-purchase contract with the finance house, who collects the deposit and instalments. The finance house pays the trader the cash price in full, borrowing from the commercial banks in order to do so. The finance house’s profit is the difference between the low rate of interest it pays to the commercial banks to borrow and the high rate it charges the consumer. finance lease A lease in which the lessee acquires all the financial benefits and risks attaching to ownership of whatever is being leased. In accounting, it is as if the business owned the assets. Section 20 of the Financial Reporting Standard Applicable in the UK and Republic of Ireland provides detailed guidance on whether a lease should be classified as a finance lease. Compareoperating lease. |
| 随便看 |
|
英汉经管词典收录了6519条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。