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 when payment is made later or in installments.

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词条贡献者

资深译员文楷，毕业于亚洲一流的高级翻译学院，擅长翻译各类与电信、媒体和技术相关的法律文件。