Jul 21, 2016 21:54
7 yrs ago
2 viewers *
French term
United States
captives
French to English
Tech/Engineering
Automotive / Cars & Trucks
"L’essor de l’activité de financement automobile (+12,6% vs. 2014), portée par les performances des captives et le succès des formules de location"
The actual document is about consumer credit, but I've come across this term that I can't place, and I'm afraid that's all I've got as far as context provided. Is a 'captive' a type of car?
Thanks in advance.
The actual document is about consumer credit, but I've come across this term that I can't place, and I'm afraid that's all I've got as far as context provided. Is a 'captive' a type of car?
Thanks in advance.
Proposed translations
(English)
| 4 +3 | captives |
philgoddard
|
Proposed translations
+3
28 mins
philgoddard
United States
United States
Native in English
United States
Six languages into flawless English
Native in: English
Works in: German to English, French to English, Spanish to English, and 4 more.
Related KudoZ points
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44
Selected
captives
It's an English word.
"A captive finance company is a subsidiary whose purpose is to provide financing to customers buying the parent company's product. Captive finance companies can range in size from mid-sized entities to giant firms, depending on the size of the parent company. Their range of services can also vary widely, from basic card services to full-scale banking. A captive finance company can be a source of significant profits for the parent organization."
Read more: Captive Finance Company Definition | Investopedia http://www.investopedia.com/terms/c/captivefinancecompany.as...
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Note added at 29 mins (2016-07-21 22:24:13 GMT)
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Here's an example from the automobile industry:
http://www.mbfs.com/mbfsr/en/misc/index.do
"A captive finance company is a subsidiary whose purpose is to provide financing to customers buying the parent company's product. Captive finance companies can range in size from mid-sized entities to giant firms, depending on the size of the parent company. Their range of services can also vary widely, from basic card services to full-scale banking. A captive finance company can be a source of significant profits for the parent organization."
Read more: Captive Finance Company Definition | Investopedia http://www.investopedia.com/terms/c/captivefinancecompany.as...
Follow us: Investopedia on Facebook
--------------------------------------------------
Note added at 29 mins (2016-07-21 22:24:13 GMT)
--------------------------------------------------
Here's an example from the automobile industry:
http://www.mbfs.com/mbfsr/en/misc/index.do
4 KudoZ points awarded for this answer.
Comment: "Thank you."
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