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).]
instal(l)ment sale 分期付款销售 一种附条件销售。买方付首期款，以后分期付款。卖方保留所有权或者担保，直到所有款项付清。亦称作「instal(l)ment plan」；「retail instal(l)ment sale」。
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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).] disguised installment sale. Bankruptcy. A debtor’s leasing ploy to try to keep