A discipline concerned with determining value and making decisions. The finance function allocates resources, including the acquiring, investing, and managing of resources.
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Captive finance company
Captive finance company A company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company.
Emergency Home Finance Act of 1970 The federal legislation creating the Federal Home Loan Mortgage Corporation, a partially government-run program initiated to stimulate the development of a secondary mortgage market and expand mortgages available to veterans and other groups.