A specific contract in the retail industry where a buyer of goods agrees to make installment payments for the items along with finance charges or other provisions which make the end price of the purchase more than if the purchase had been made outright at the time of sale. The installments represent the interest or cost of the extension of credit to the buyer. … [Read more...]

A business that sells goods to consumers (as opposed to other businesses). … [Read more...]

One who deals in merchandise by selling it in smaller quantities than he buys, generally with a view to profit. … [Read more...]

A provision that restricts, usually contained within a deed or will, for example, the sale of a home to a son on the provision it is never sold outside of family members. Such provisions are generally unenforceable. … [Read more...]

practice. To engage the services of an attorney or counselor to manage a cause, at which time it is usual to give him a fee, called the retaining fee. The act by which the attorney is authorized to act in the case is called a retainer. 2. Although it is not indispensable that the retainer should be in writing, unless required by the other side, it is very expedient. It is … [Read more...]