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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词条贡献者

译者Stanley，毕业于法国顶尖的高级翻译学院，擅长翻译各种与数据保护与网络安全相关的法律文件。