What is another word for conditional sale?
Pronunciation: [kəndˈɪʃənə͡l sˈe͡ɪl] (IPA) 
A conditional sale is an agreement where the sale of a product or service is dependent on certain conditions being met. It can also be known as a conditional agreement, installment sale or deferred payment plan. Other synonyms for conditional sale include hire purchase, which is a type of installment payment where possession of the item remains with the seller until the final payment is made. A lease-purchase is another option, where ownership of the item is transferred to the buyer after the final payment. Deferred payment, rent-to-own, and layaway plans are other synonyms for a conditional sale. All of these payment plans provide customers with options for purchasing a product without having to pay the full amount upfront.
