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- Financial institution that accepts deposits from saversA finance house is a financial institution that accepts deposits from savers and specializes in the lending of money by way of installment credit (hire purchase loans) and leasing for private consumption and business investment purposes12. It is not a bank or building society and provides credit to finance personal or corporate acquisitions of property2. Some finance houses specialize in the financing of purchases of consumer goods on hire purchase, while others specialize in equipment leasing2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.finance house a financial institution that accepts deposits from savers and specializes in the lending of money by way of INSTALMENT CREDIT (hire purchase loans) and LEASING for private consumption and business investment purposes.financial-dictionary.thefreedictionary.com/finance+h…finance house a financial institution that is not a bank or building society and that provides credit to finance personal or corporate acquisitions of property. Many finance houses specialize in the financing of purchases of consumer goods on hire purchase; others specialize in equipment leasing.legal-dictionary.thefreedictionary.com/finance+house
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