Meaning CONDITIONAL SALES CONTRACTS: Similar 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
More terms such as Conditional sales contracts in Dictionary C.
- Definition Commercial Draft:
- Examples Demand for payment conditional sales contracts definition.
- Definition Call Premium:
- Examples Premium in price above the par value of a bond or share of preferred stock that must be paid to holders to redeem the bond or share of preferred stock before its scheduled maturity date conditional sales contracts explain.
- Definition Conventional Pass-Throughs:
- Examples Also called private-label pass-throughs, any mortgage pass-through security not guaranteed by government agencies. Compare agency pass-throughs conditional sales contracts what is.
- Definition Clearing Member:
- Examples clearing house. Each clearing member must also be a member of the exchange. Not all members of the exchange, however, are members of the clearing organization. All trades of a non-clearing member conditional sales contracts meaning.
- Definition Credit Risk:
- Examples The risk that an issuer of debt securities or a borrower may default on its obligations, or that the payment may not be made on a negotiable instrument. Related: Default risk conditional sales contracts abbreviation.
