floor plan financing
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floor plan financing — Arrangement for the lending of money to an automobile dealer, or other supplier of goods, so that he may purchase cars, or other articles, to include in his inventory; the loan being secured by the automobiles or other goods while in the dealer s … Black's law dictionary
floor plan financing — Arrangement for the lending of money to an automobile dealer, or other supplier of goods, so that he may purchase cars, or other articles, to include in his inventory; the loan being secured by the automobiles or other goods while in the dealer s … Black's law dictionary
floor plan lending — noun Also known as wholesale lending, a form of retail goods inventory financing in which each loan advance is made against a specific piece of collateral … Wiktionary
floor planning — noun : a system of financed wholesale purchasing of expensive items (as automobiles or major electrical appliances) whereby a retailer stocks his sales floor with a minimal outlay of cash * * * a system of financing that permits a dealer to… … Useful english dictionary
floor planning — a system of financing that permits a dealer to borrow money to buy goods, which become the security for the loan that is repaid when the merchandise is sold. Also called floor plan financing. * * * … Universalium
floor planning — floor plan·ning n: a method of financing a retail sales business in which the retailer gives a security interest in all of the inventory to the lender or seller Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
floored — An automobile is floored when it is financed under a trust receipt, floor plan financing agreement, or similar title retention document, whereby retail dealer obtains possession of automobile from distributor for exhibition and sale through… … Black's law dictionary
floored — An automobile is floored when it is financed under a trust receipt, floor plan financing agreement, or similar title retention document, whereby retail dealer obtains possession of automobile from distributor for exhibition and sale through… … Black's law dictionary
charging lien — A lien is a charging lien where the debt is a charge upon the specific property although it remains in the debtor s possession. See floor plan financing. The right of an attorney to have expenses and compensation due for services in a suit… … Black's law dictionary
charging lien — A lien is a charging lien where the debt is a charge upon the specific property although it remains in the debtor s possession. See floor plan financing. The right of an attorney to have expenses and compensation due for services in a suit… … Black's law dictionary
St. Peter's Basilica — Papal Basilica of Saint Peter Basilica Papale di San Pietro in Vaticano (Italian) Basilica Sancti Petri (Latin) … Wikipedia