- conditional payment
- Payment of an obligation only on condition that something be done. Generally, right is reserved to demand back payment if condition fails
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
conditional payment
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conditional payment — Payment of an obligation only on condition that something be done. Generally, right is reserved to demand back payment if condition fails … Black's law dictionary
conditional — I adjective alterable, changeable, conditioned, containing stipulations, contingent on, dependent on, depending on, depending on a future event, determined by, equivocal, granted on certain terms, hypothetical, imposing a condition, indefinite,… … Law dictionary
payment — The fulfilment of a promise, or the performance of an agreement. A discharge of an obligation or debt, and part payment, if accepted, is a discharge pro tanto. In a more restricted legal sense payment is the performance of a duty, promise, or… … Black's law dictionary
Conditional budgeting — is a budgeting approach designed for companies with fluctuating income, high fixed costs, or income depending on sunk costs, as well as NPOs and NGOs. The approach builds on the strengths of proven budgeting approaches, leverages the respective… … Wikipedia
Payment protection insurance — Payment protection insurance, (also known as PPI, credit protection insurance, loan repayment insurance, not to be confused with income protection or credit card cover) is an insurance product that is often designed to cover a debt that is… … Wikipedia
conditional sale — absolute and conditional sales An absolute sale is one where the property in chattels passes to the buyer upon the completion of the bargain. A conditional sale is one in which the transfer of title is made to depend on the performance of a… … Black's law dictionary
conditional sales — absolute and conditional sales An absolute sale is one where the property in chattels passes to the buyer upon the completion of the bargain. A conditional sale is one in which the transfer of title is made to depend on the performance of a… … Black's law dictionary
Conditional Access Directive — European Union directive: Directive 98/84/EC Directive on the legal protection of services based on, or consisting of, conditional access Made by European Parliament Council … Wikipedia
Conditional Binding Receipt — A receipt involved in life, health and certain property insurance contracts; if the insured is deemed to be covered by the insurer, the coverage begins on the date the insured receives the conditional binding receipt. Typically, a premium payment … Investment dictionary
conditional fee — noun law : any fee limited upon a condition; specifically : fee simple conditional * * * conditional fee 1. A fee granted on condition, or limited to particular heirs 2. The estate of a mortgagee of land, possession of which is conditional on… … Useful english dictionary
