CREDIT SALE

A · B · C · D · E · F · G · H · I · J · K · L · M · N · O · P · Q · R · S · T · U · V · W · X · Y · Z

Definitions

a transaction where the seller extends credit to the buyer to purchase goods or services. The buyer agrees to pay off what is owed to the seller in regular installments. In a credit sale the buyer becomes the legal owner of what he purchases at the time of the sale.