conditional sale

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Related to Conditional sales contracts: Conditional Sale Agreement
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.conditional sale - a security interest taken by the seller in return for credit
security interest - any interest in a property that secures the payment of an obligation
2.conditional sale - a sale in which the buyer receives title to the property only upon the performance of some condition (usually the full payment of the purchase price)
sales agreement, sale - an agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer); "the salesman faxed the sales agreement to his home office"
References in periodicals archive ?
Another example involves an entrepreneur who entered into a financial agreement to buy conditional sales contracts from a company that specialized in food delivery.
CoreISSUE is designed to handle the complex needs of modern credit card issuers and handles all types of finance programs from simple "net 10" terms, conditional sales contracts, nominal option leases and all revolving credit programs.
The Company has executed conditional sales contracts for sale of the properties it received in connection with two of these credit relationships.

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