NOUN
- 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)
- a security interest taken by the seller in return for credit
How To Use conditional sale In A Sentence
- The conditional sale is common practice in Europe. Principles of Corporate Finance
- This is where goods are taken on hire purchase, credit sale or conditional sale terms.
- n been sold under a contract of conditional sale reserving title poss°s'sfon in the vendor, may be attached as if unencumbered; and the mortgagee, pledgee, lienor or conditional vendor, or his assigns, may be summoned in the same action in which the property is attached as the trustee of the mortgagor, pledgor, lienee or conditional vendee, or his assigns, to answer such Acts and resolves passed by the General Court
- The conditional sale is common practice in Europe. Principles of Corporate Finance
- the conditional sale will not be complete until the full purchase price is paid
- The conditional sale is common practice in Europe. Principles of Corporate Finance
- There are two main doctrines on the legal character of securities counter. purchase:doctrine of collateral loan and dextrine of conditional sale.
