A payment made provided that some condition occurs or is fulfilled. … [Read more...] about CONDITIONAL PAYMENT
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CONDUCTUS
A thing hired. … [Read more...] about CONDUCTUS
CONDITION PRECEDENT
Under a contract, a condition which must occur prior to an obligation under contract arising. For example, a person agrees to sell property if and when it is acquired. … [Read more...] about CONDITION PRECEDENT
CONDITIONAL SALE
A situation where a sale will be consummated if certain stated conditions are satisfied. For example, Harry agrees to buy John's antique golf clubs if he is able to obtain sufficient funds as an advance from his credit card. … [Read more...] about CONDITIONAL SALE
CONDUIT
A channel which allows something to flow, e.g. a river. May refer to business, e.g. a common carrier such as a telelphone company carrier numerous telephone calls. … [Read more...] about CONDUIT