Nondepository Credit Intermediation Industry
type: Class
subclass of: RBX1KA0BJR7y27zZSvaLBVE
definition: This industry group comprises establishments, both public (government-sponsored enterprises) and private, primarily engaged in extending credit or lending funds raised by credit market borrowing, such as issuing commercial paper or other debt instruments or by borrowing from other financial intermediaries. Within this group, industries are defined on the basis of the type of credit being extended.