Vendor financing

Definition:

The lending of money by a company to its customers so that the customers can in turn purchase products from the company. The company is basically increasing its sales by basically buying its own products.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Super Majority

A proposal requiring more than a simple majority of the votes eligible to be cast at an annual or special meeting. A super majority is often a 2/3 (66.66%) vote, but it can be as high as 3/4 (75%) or... Read More

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