a system of financing that permits a dealer to borrow money to buy goods, which become the security for the loan that is repaid when the merchandise is sold.


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  • Floor plate

    floor plate n. The thin ventral portion of the embryonic neural tube that merges with the basal portion of the lateral plates. Also called ventral plate.

  • Floor-pocket

    noun, Theater. 1. See under . noun, Theater. 1. one of several metal boxes placed backstage in the floor (floor pocket) or wall of a theater and containing jacks for electric cables used in lighting units.

  • Floor-price

    noun 1. a minimum price required of an item being auctioned.

  • Floor-sample

    noun 1. an appliance, piece of furniture, or other article of merchandise that has been used for display or demonstration and is usually offered at a reduced price.

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