conditional sale
noun
a sale in which the title of a property remains with the seller until some condition is met, as the payment of the full purchase price.
Words Nearby conditional sale
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use conditional sale in a sentence
The term, conditional sale, has come to have a technical meaning.
The purpose of the seller in making a conditional sale is to retain security for the price which the buyer cannot pay all at once.
Commercial Law | Samuel Williston, Richard D. Currier, and Richard W. HillWhy, it may be asked, does a buyer enter into a conditional sale, which is rather a poor bargain as far as he is concerned?
Commercial Law | Samuel Williston, Richard D. Currier, and Richard W. HillThe consignment is like the conditional sale in this respect, that the person who has possession of the goods has not the title.
Commercial Law | Samuel Williston, Richard D. Currier, and Richard W. Hill
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