conditional sale - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “conditional sale”

conditional sale

noun [C]
COMMERCE a type of sale which depends on the full cost being paid, usually in a series of regular payments over a period of time. The buyer does not own the goods or property until they have finished paying the full amount: a conditional sale agreement
(Definition of conditional sale from the Cambridge Business English Dictionary © Cambridge University Press)
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