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Conditional sale
/kəndˈɪʃənəl
seɪl/
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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).
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Etymology of 'Conditional sale'
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Words linked to "Conditional sale" :
sale
,
security interest
,
sales agreement
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