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Conditional sale   /kəndˈɪʃənəl seɪl/   Listen
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).






WordNet 3.0 © 2010 Princeton University








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Words linked to "Conditional sale" :   security interest, sales agreement, sale



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