floor planning

noun
floor plan·​ning

Legal Definition of floor planning

: a method of financing a retail sales business in which the retailer gives a security interest in all of the inventory to the lender or seller

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Cite this Entry

“Floor planning.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/floor%20planning. Accessed 20 Sep. 2020.

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