Search Result for "conditional sale":
Wordnet 3.0

NOUN (2)

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 (r) 3.0 (2006):

conditional sale n 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)