Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
installment contract
See CONTRACT.
retail installment contract
A contract for the sale of goods under which the buyer makes periodic payments and the seller retains title to or a security interest in the goods. - Also termed retail installment contract and security agreement; conditional sales contract. Cf. chattel mortgage under MORTGAGE.
retail installment contract and security agreement
See retail installment contract under CONTRACT.