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conditional sale

a sale in which the title of a property remains with the seller until some condition is met, as the payment of the full purchase price. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for conditional sale
  • For purposes of applying sales tax, a financing lease with a nominal purchase option will be treated as a conditional sale.
  • The purchaser under a contract of conditional sale is considered the owner for the purpose of registration.
  • The alternative to a true lease is a conditional sale.

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