TIME-PRICE DIFFERENTIAL

time-price differential. 1. A figure representing the difference between the current cash price of an item and the total cost of purchasing it on credit. [Cases: Consumer Credit 4; Usury 32. C.J.S. Interest and Usury; Consumer Credit§§ 124–125, 280, 284–293.] 2. The difference between a seller’s price for immediate cash payment and a different price […]