HomeDefinitionsCompareDebt Conditional sales contractsThe financial definition for 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. Similar MatchesConditional call optionsConditional call optionsA protective guarantee that, in the event a high yield bond is called, the issuing corporation will ../../finance-glossary/ the bond with a noncallable bond of the same life and terms as the bond that is being called. Click to compare definitions of Conditional sales contracts Click to view definitions beginning co |