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Conditional Sales Contracts
(redirected from Conditional Sale Contracts)

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Conditional sales contracts
Similar to equipment trust certificates, except that the lender is either the equipment manufacturer or a bank or finance company to which the manufacturer has sold the conditional sales contract.

Conditional Sales Contracts
A sale of an asset in which the buyer assumes possession and may have use of the asset, but the seller retains title until the buyer pays its full price and may repossess the asset if the buyer does not. In exchange for the right to use the asset, the buyer makes payments over an agreed-upon period of time, whether months or years. This arrangement is most common with heavy equipment, machinery, and real estate. See also: Beneficial ownership, Lease.


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Broeren explained further that the series C notes are collateralized by a pool of retail auto conditional sale contracts, the first time that collateral of this type from the U.
Broeren explained further that the series C notes are collateralized by a pool of retail auto conditional sale contracts, the first time that collateral of this type from the U.
 
 
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conditional reflex
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Conditional Release
Conditional Release Program
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Conditional sale contract
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Conditional Sales Agreement
Conditional Sales Agreements
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Conditional Sum Addition Logic
conditional suspension of sentence
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conditional transfer
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Conditional Voluntary Indefinite/Voluntary Indefinite
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