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