What is the meaning of conditional sale?

noun

  • A security interest taken by the seller in return for credit.
  • 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 © 2006 by Princeton University
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APAWordNet. (2010). conditional sale. Retrieved September 21, 2026, from http://smartdefine.org/conditional_sale/definitions/1216691
ChicagoWordNet. 2010. "conditional sale" http://smartdefine.org/conditional_sale/definitions/1216691 (accessed September 21, 2026).
HarvardWordNet 2010, conditional sale, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/conditional_sale/definitions/1216691>.
MLAWordNet. "conditional sale" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/conditional_sale/definitions/1216691>