credit sale
noun[C]
ukusCOMMERCE
asaleof aproductin which thebuyerusescredit(=takestheproductimmediatelybutpaysin thefuture):
credit sale agreement/contractAcreditsaleagreementisessentiallyaloanfor thepurchasepriceof theitemwith themoneybeingpaidover afixedperiodoftime.
credit sales[plural]
ACCOUNTING
thesumsofmoneythat acompanyshowsinitsaccountsforsalesofproductsthatbuyershaveagreedtopayfor in thefuture:
At year-endcreditsalesamounted to £1,300.