absolute sale

A sale in which possession and title to the property pass to the buyer immediately upon the completion of the bargain. Cf. conditional sale. [Cases: Sales 454; Vendor and Purchaser 79. C.J.S. Vendor and Purchaser §§ 125, 141.]

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词条贡献者

译者Jeffrey，毕业于国内一流的高级翻译学院，擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。