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land contract

American  

noun

  1. a contract for the purchase and sale of land.

  2. a contract in which a purchaser of real estate, upon making an initial payment, agrees to pay the seller stipulated amounts at specified intervals until the total purchase price is paid, the seller retaining legal title to the land as security for the payments.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Ether, according to Lee and other advocates, functions as a dynamic digital ecosystem powering smart contracts, decentralized finance, tokenized assets and digital-identity infrastructure.

From MarketWatch • Nov. 10, 2025

JPMorgan’s Kinexys Fund Flow platform collects data from fund managers, distributors and administrators, creates smart contracts representing fund ownership, and facilitates the near-instant exchanging of cash and assets on the blockchain.

From The Wall Street Journal • Oct. 30, 2025

Some indicators tracked by venture firm and crypto-investor Andreessen Horowitz, such as the number of addresses active on blockchain and the number of smart contracts being executed, are also climbing.

From BBC • Jun. 14, 2023

General manager Howie Roseman has been masterful of late at making all the right moves in drafts, trades and smart contracts.

From Seattle Times • Feb. 4, 2023

The government will also review property rights for tokenised assets and explore legalising so-called smart contracts - self-executing transactions whose results depend on pre-programmed inputs.

From Reuters • Oct. 31, 2022

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