Get A Free Auto Insurance Quote - Click Here Now!
In the United States, the rescue effort may also grow. The Treasury Department, officials said, is weighing whether to expand its program of capital injections to encompass insurance companies, many of which own savings and loans, and is under pressure to include the financing arms of the auto companies. The government injections are currently reserved for banks.
question: meaning of ‘arms’ in this text.
thanks.
financing arms of the auto companies would be like Ford Motor Credit or other auto makers financial "arms"
RSS
February 11, 2010
My name is C.J. and I was born in Shanghai, China. If you want to know about me, please visit This is an example for you of "About Me" area.
February 11th, 2010 at 9:38 pm
In this context, ‘arms’ means branches of a company, parts of a company.
"under pressure to includes the financing parts of the auto companies".
References :
February 11th, 2010 at 10:01 pm
In this text I would think "arms’ refers to a division in the company.
References :
February 11th, 2010 at 10:14 pm
financing arms of the auto companies would be like Ford Motor Credit or other auto makers financial "arms"
References :