Sales (as opposed to Lease) contract where the buyer takes possession but ownership is not transferred until the terms of payment have been met.
| Financial & Investment Dictionary: Conditional Sales Contract (or Agreement) |
Sales (as opposed to Lease) contract where the buyer takes possession but ownership is not transferred until the terms of payment have been met.
| 5min Related Video: Conditional Sales Contract (or Agreement) |
| Conditional Sales Contract (in banking) |
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