Conditional sales contracts

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Related to conditional sales: Conditional Sale Agreement, Conditional sale contract

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.
References in periodicals archive ?
Through its North American offices, Newcourt specializes in financing a broad range of equipment and capital assets through secured loans, conditional sales contracts and leases.
AeroLloyd is also a national, diversified financial service company that originates conditional sales, loans and leases.
XL Axiata s conditional sales purchase pacts with Axis are worth US$865 million.
Through its North American and European network of 27 offices, the Company specializes in financing a broad range of equipment and capital assets through secured loans, conditional sales contracts and leases.
Green Tree is a specialty finance company, originating conditional sales contracts primarily to finance the purchase of manufactured homes.
VeriFone Finance programs include monthly rentals, operating leases, true leases, floor planning, municipal and federal programs, seasonal industry leases, conditional sales agreements and extended-term financing.
5 million of conditional sales agreements due to Input/Output Inc.
Green Tree Financial Corporation purchases, pools, sells and services conditional sales contracts for manufactured homes, home improvements and motorcycles through regional offices nationwide.
is an originator and servicer of conditional sales contracts for manufactured homes, home improvements, and consumer and commercial products.
New Home Sales: -included in above 155 Average Price (new homes) included in above 151,395 Conditional Sales Dollar Volume: 72,434,205 Conditional Sales Units: 616 SEPTEMBER RESIDENTIAL SALES- TO-LISTING RATIO: 49.
Green Tree purchases, pools, sells and services conditional sales contracts for manufactured homes and home improvements through 42 regional offices nationwide.

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