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Financial services

Related to any service provided by the finance industry, which encompasses a broad range of organisations that deal with the management of money.

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Contributors in Financial services

Financial services > Auto loans

Asset

Financial services; Auto loans

The vehicle or item that is being financed.

Assurance

Financial services; Auto loans

This is an insurance that protects your financial repayments in the event of death, accident, illness, sickness, redundancy or financial insolvency.

Balance to be financed

Financial services; Auto loans

Amount financed by the finance company on behalf of the customer to cover the cost of the vehicle.

Balance sheet

Financial services; Auto loans

One of the three essential measurement reports for the performance and health of a company, along with the Profit and Loss Account and the Cashflow Statement. The Balance sheet is ...

Balloon Payment

Financial services; Auto loans

A payment agreed at the commencement of the contract that is deferred to the end of the finance agreement and payable by the customer.

Cash price

Financial services; Auto loans

On-the-road price that the vehicle is sold at.

CCA (Consumer Credit Act) 1974

Financial services; Auto loans

Government act which protects the individual by regulating the operations of financial institutions and financial providers.