credit sale Meaning in the Cambridge English Dictionary

Meaning of “credit sale” in the English Dictionary

"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 ​creditsaleagreement is essentially a ​loan for the ​purchaseprice of the ​item with the ​money being ​paid over a ​fixedperiod of ​time.
credit sales [plural] ACCOUNTING the ​sums of ​money that a ​companyshows in its ​accounts for ​sales of ​products that ​buyers have ​agreed to ​pay for in the future: At year-end ​creditsales amounted to £1,300.
(Definition of credit sale from the Cambridge Business English Dictionary © Cambridge University Press)
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“credit sale” in Business English

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