What is a quasi financial entity? - ProProfs Discuss
Advertisement

What is a quasi-financial entity?

What is a quasi-financial entity?

Change Image    Delete



Asked by Brentley, Last updated: Nov 09, 2024

+ Answer
Request
Question menu
Vote up Vote down

1 Answer

John Smith

John Smith

John Smith
John Smith

Answered Sep 08, 2016

A quasi-financial entity refers to a company that participates in the financial industry in some capacity but is not considered a financial institution. For example, companies that provide consulting services to the financial industry might be considered quasi-financial institutions.

Companies that lease their products might also be considered quasi-financial institutions (a car dealer leases a car. The financial arm of the dealership that provides the financing for the lease could be considered a quasi-financial entity.).

upvote downvote
Reply 

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader

Email Sent
We have sent an email to your address "" with instructions to reset your password.