Community Development Financial Institutions

Business, Legal & Accounting Glossary

Definition: Community Development Financial Institutions


Community Development Financial Institutions

Quick Summary of Community Development Financial Institutions


A private financial institution whose target market is businesses or individuals in developing communities. Community development financial institutions provide loans and financing to existing businesses or individuals often ignored by commercial banks because of their credit rating. Government funds, as well as those from the private sector are used to provide the capital.




Synonyms For Community Development Financial Institutions


CDFI


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Community Development Financial Institutions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 06, 2021 https://payrollheaven.com/define/community-development-financial-institutions/.
Chicago Manual of Style (CMS):
Community Development Financial Institutions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/community-development-financial-institutions/ (accessed: December 06, 2021).
American Psychological Association (APA):
Community Development Financial Institutions. PayrollHeaven.com. Retrieved December 06, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/community-development-financial-institutions/

Definition Sources


Definitions for Community Development Financial Institutions are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.