The sale of goods according to a contract under which ownership does not pass to the buyer until after a set time, usually after payment of the last instalment of the purchase price, although the buyer has possession and is committed to acquiring ownership: [as modifier]: conditional sale agreement
Más ejemplos en oraciones
- This section applies where a motor vehicle has been… agreed to be sold under a conditional sale agreement… and, at a time before the property in the vehicle has become vested in the debtor, he disposes of the vehicle to another person.
- We will offer options such as fair market value leases, conditional sales contracts, municipal leases and different combinations.
- More problematic is the question whether retention of title arrangements, such as hire-purchase agreements, conditional sales, and long-term leases, are security.
For editors and proofreaders
Saltos de línea: con|di¦tion¦al sale
Definición de conditional sale en:
¿Qué te llama la atención de esta palabra o frase?
Los comentarios que no respeten nuestras Normas comunitarias podrían ser moderados o eliminados.
Muy popular en Reino Unido
Muy popular en Australia
= de moda