|
|
Conditional Sales Contract |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Conditional Sales ContractA sale in which the title to property or goods remains with the seller until the purchaser has fulfilled the terms of the contract, usually payment in full.Conditional Sales Contract Similar MatchesConditional insuranceConditional insuranceThe borrower must sign up to one or more insurance policy with the lender in order to take out a specific mortgage. Check that the insurance premiums are competitive. Conditional sales contractsConditional sales contractsSimilar to equipment trust certificates, except that the lender is either the equipment manufacturer or a bank or finance company to which the manufacturer has sold the conditional sales contract. Conditional call optionsConditional call optionsA protective guarantee that, in the event a high yield bond is called, the issuing corporation will ../../finance-glossary/ the bond with a noncallable bond of the same life and terms as the bond that is being called. ConditionalityConditionalityThe requirements imposed by the IMF and World Bank on borrowing countries to qualify for a loan, typically including a long list of budgetary and policy changes comprising a structural adjustment program. |
|
|
|