Floor planning is a type of inventory financing for large ticket retail items.
Flooring definition in finance.
Retailers use a short term loan to purchase inventory items and the loan is repaid as inventory is sold.
Floor planning is commonly used in new and used car dealerships.
Flooring definition a floor.
A floor in finance may refer to several things including the lowest acceptable limit the lowest guaranteed limit or the physical space where trading occurs.
In context of otc interest rate options a series of interest rate put.
How to use floor in a sentence.
It is often referred to in the it industry regarding credit lines for computer equipment.
Meaning pronunciation translations and examples.
Flooring is a material that is used to make the floor of a room.
Floor the area of a stock exchange where active trading occurs.
Retail floor planning also referred to as floorplanning or inventory financing is a type of short term loan used by retailers to purchase high cost inventory such as automobiles these loans are often secured by the inventory purchased as collateral.
What you don t realize is that like most new car dealers a floor plan was used to finance the cars.
In context of interest rates a level which an interest rate or currency is structured not to go below.
Contrary to common perceptions most car dealers do not pay cash for the.
A flooring account is a type of short term financing that is used specifically for equipment purchases.
Floor the area of a stock exchange where active trading occurs.
The dealer then receives payment hopefully including a profit and remits the balance to.
Simply it is a way for an auto dealer to use a lender s funds to finance the cars and until each of them is sold the lender holds title to the cars.
A nautical term for the holes cut in the flooring in a ship above the keelson to allow water to drain to the pumps.
Also the price at which a stop order is activated when the price drops low enough to activate such an order.
Also the price at which a stop order is activated when the price drops low enough to activate such an order.