English dictionary

conditional sale meaning and definition

Definition and meaning of conditional sale at MeaningMonkey.org. conditional sale meaning and definition in the English Dictionary.

CONDITIONAL SALE noun

Definition of conditional sale (noun)

  1. a security interest taken by the seller in return for credit
  2. 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)
Source: Princeton University Wordnet

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