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conditional sale payment
[/kənˈdɪʃənəl seɪl ˈpeɪmənt/]
noun
pl: conditional sale payments
pagamento de venda condicional
1.
A payment made under a sales agreement where the seller retains ownership or security interest in the goods until all payments are completed
The conditional sale payment plan allows the buyer to take possession immediately while making installment payments.
O plano de pagamento de venda condicional permite que o comprador tome posse imediatamente enquanto faz pagamentos parcelados.
2.
In finance and commerce, a transaction where the transfer of title is contingent upon full payment
Under the conditional sale payment agreement, the seller can repossess the vehicle if payments are missed.
Sob o acordo de pagamento de venda condicional, o vendedor pode retomar o veículo se os pagamentos forem perdidos.
Synonyms
conditional sale
installment sale payment
payment under condition of sale
Antonyms
cash sale
unconditional payment
immediate payment
Regional Variations
General Brazilian
pagamento de venda condicional
Most common usage in Brazilian commerce and finance
São Paulo
pagamento sob condição de venda
Alternative phrasing used in commercial contracts
Portugal
pagamento de venda condicional
Standard usage in Portuguese commercial law
Related Idioms & Phrases
on the installment plan
buy now pay later
under condition of payment
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