installment sale

A conditional sale in which the buyer makes a down payment followed by periodic payments and the seller retains title or a security interest until all payments have been received.

— Also termed installment plan; retail installment sale. [Cases: Sales 82(4).]


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译者亚明,毕业于国内一流的高级翻译学院,擅长翻译各种与网络安全、隐私和数据保护相关的法律文件。
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