Business Terms and Jargon Explained

What is Conditional Sale

The sale of goods where the price is payable in instalments. The goods remain the property of the seller until the full price is paid or the customer meets another condition.

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Locus in quo Allotment Logical Bomb
Al Desco Taka Continuous Supply Of Goods
Net Pay Non est factum Take ownership
mutatis mutandis Spoofing Tax Exemption
Conditional Sale Class Licence Bill of Lading
Contingent Discount Ad infinitum DAN
learning curve Collateral Warrant
Bank Statements Commission Walking Possession
Contribution Institutional Capacity Quality Assurance
Intermediate goods Default risk Hash Function
SEMEA Zloty Redundancy
Load List Bad Debt Relief SEED
Representation order Operational risk Horizontal integration

Term created / updated 2006-11-15 17:29:17

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