conditional agreement

conditional agreement
An agreement which takes effect when a certain event happens.

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  • conditional — con‧di‧tion‧al [kənˈdɪʆnəl] adjective if an offer, agreement etc is conditional, it will only be done if something else happens: conditional on/​upon • The sale of the company is conditional upon approval by the shareholders. • a conditional… …   Financial and business terms

  • 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

  • conditional — /kənˈdɪʃənəl / (say kuhn dishuhnuhl) adjective 1. imposing, containing, or depending on a condition or conditions; not absolute; made or granted on certain terms: a conditional agreement; a conditional jail sentence. 2. Grammar (of a sentence,… …  

  • conditional sale agreement — A conditional sale agreement is an agreement in which the ownership of the goods passes to the buyer once he has fulfilled certain conditions i.e. usually until he has paid all of the instalments. Easyform Glossary of Law Terms. UK law terms.… …   Law dictionary

  • conditional fee agreement — See contingency fee. Collins dictionary of law. W. J. Stewart. 2001. conditional fee agreement …   Law dictionary

  • conditional — con|di|tion|al1 [kənˈdıʃənəl] adj 1.) if an offer, agreement etc is conditional, it will only be done if something else happens first ≠ ↑unconditional ▪ a conditional acceptance conditional on/upon ▪ His agreement to buy our house was conditional …   Dictionary of contemporary English

  • Conditional Sales Agreement — A lease agreement banks can offer to business customers that wish to finance purchases of new equipment. The business is able to take possession of the property as soon as the agreement is in force, but does not own the property until it has paid …   Investment dictionary

  • conditional — 1 adjective 1 if an offer, agreement etc is conditional, it will only be done if something else happens: be conditional on/upon: a conditional acceptance | His agreement to buy our house was conditional on our leaving all the furniture in it.… …   Longman dictionary of contemporary English

  • conditional — [[t]kəndɪ̱ʃən(ə)l[/t]] 1) ADJ: oft ADJ on n/ ing If a situation or agreement is conditional on something, it will only happen or continue if this thing happens. Their support is conditional on his proposals meeting their approval. ...a… …   English dictionary

  • Conditional Offer — In general, an agreement between a buyer and a seller that an offer will be made if a certain condition is met. In real estate transactions, conditions can include a home inspection or a mortgage application. Once the conditions are satisfied,… …   Investment dictionary

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