FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/dmK1YdSyRGm2BdX2Ho-qoA
Label International, Secondary Market, and All Other Nondepository Credit Intermediation Industry
Preferred Label N/A
Identifier N/A
Alternative Labels

None

Definition

This U.S. industry comprises (1) establishments primarily engaged in providing working capital funds to U.S. exporters, lending funds to foreign buyers of U.S. goods, and/or lending funds to domestic buyers of imported goods; (2) establishments primarily engaged in buying, pooling, and repackaging loans for sale to others on the secondary market; and (3) establishments primarily providing other nondepository credit (except credit card issuing, sales financing, consumer lending, and real estate credit). Examples of types of lending in this industry are short-term inventory credit, agricultural lending (except real estate and sales financing), and consumer cash lending secured by personal property.

Examples

  • Commodity Credit Corporation
  • Factoring accounts receivable
  • Industrial banks (i.e., known as), nondepository
  • International trade financing
  • Morris Plans (i.e., known as), nondepository
  • Pawnshops
  • Secondary market financing

Class Relationships

Is Defined By

https://www.naics.com/six-digit-naics/?code=522299

See Also

None

Parent Class Of 0

  • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available