Conditional Sale: Canada Debt .ca defines Conditional Sale

Bankruptcy Term Conditional Sale

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Canada Debt has the definition to the bankruptcy and debt term Conditional Sale. Finding answers to terms such as Conditional Sale can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Conditional Sale in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Conditional Sale' is used as follows:

The sale of goods where the buyer receives possession of goods or property, but does not receive title to them until specific conditions are fulfilled.