Meaning of “credit sale” in the English Dictionary

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"credit sale" in Business English

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credit salenoun [ C ]

uk us

COMMERCE a sale of a product in which the buyer uses credit (= takes the product immediately but pays in the future):

credit sale agreement/contract A credit sale agreement is essentially a loan for the purchase price of the item with the money being paid over a fixed period of time.
credit sales [ plural ]

ACCOUNTING the sums of money that a company shows in its accounts for sales of products that buyers have agreed to pay for in the future:

At year-end credit sales amounted to £1,300.

(Definition of “credit sale” from the Cambridge Business English Dictionary © Cambridge University Press)