CONDITIONAL SALE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does conditional sale mean? 

• CONDITIONAL SALE (noun)
  The noun CONDITIONAL SALE has 2 senses:

1. a security interest taken by the seller in return for credit

2. 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)

  Familiarity information: CONDITIONAL SALE used as a noun is rare.

 Dictionary entry details 

• CONDITIONAL SALE (noun)

Sense 1

Meaning:

A security interest taken by the seller in return for credit

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("conditional sale" is a kind of...):

security interest (any interest in a property that secures the payment of an obligation)

Sense 2

Meaning:

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)

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("conditional sale" is a kind of...):

sale; sales agreement (an agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer))