Lexic.us

Definition of Conditional sale

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

2. Noun. 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).

Lexicographical Neighbors of Conditional Sale

conditional agreement conditional contract conditional entropy conditional mood conditional moods conditional mutation conditional perfect conditional probability conditional proof conditional reaction

conditional reflex conditional relation conditional response conditional sale (current term) conditional sentence conditional sentences conditional tense conditional tenses conditional use permit conditionalisation

conditionalisations conditionalism conditionalist conditionalities conditionality conditionalization conditionalizations conditionalize

Literary usage of Conditional sale

Below you will find example usage of this term as found in modern and/or classical literature:

1. The Law and Practice in Bankruptcy Under the National Bankruptcy Act of 1898 by William Miller Collier, William Horace Hotchkiss, Frank Bixby Gilbert, Fred Eugene Rosbrook (1921)
"Ct. 614. See aslo In re McGhee 481- Matter of Superior Drop Forge & Mfg. Co. Since a conditional sale may be made to depend The statute under consideration ..."

2. Rose's Notes on the United States Supreme Court Reports (2 Dallas to 241 by Walter Malins Rose, Charles Lawrence Thompson, United States Supreme Court (1918)
"296, 52 NE 25, holding recording of conditional sale afforded no protection to ... 545, 53 NW 472, an agreement for a sale, and not a conditional sale; ..."

3. Commentaries on American Law by James Kent (1866)
"1 Powell on Mortgages, 138, note T. If it be doubtful whether the parties intended a mortgage or a conditional sale, courts of equity incline to consider ..."

4. A Treatise on the Law of Mortgages of Real Property by Leonard Augustus Jones (1882)
"WHEN THEY CONSTITUTE A conditional sale. 256. The advantage of considering the transaction a mortgage is not all on the side of the grantor; and as between ..."

5. The American and English Encyclopedia of Law by John Houston Merrill, Charles Frederic Williams, Thomas Johnson Michie, David Shephard Garland (1893)
"A conditional sale of a machine, under the terms of which the title does not ... Relatively to subsequent creditor! of the purchaser, a conditional sale of ..."

Other Resources: