Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

commercial finance company

See FINANCE COMPANY

consumer finance company

finance company that deals directly with consumers in extending credit. - Also termed smallloan company.

finance company

A nonbank company that deals in loans either by making them or by purchasing notes from another company that makes the loans directly to borrowers.

sales finance company

A finance company that does not deal directly with consumers but instead purchases consumer installment paper arising from the sale of consumer durables "on time." - Also termed acceptance company.