Retention of Title Clause
Retention of Title Clause is a contract clause whereby a seller declares his intention to retain title or ownership over the contract goods until payment by the buyer is completed.
Category: Banking & Finance
Previous: ← Remitting Bank
More from this Section
- Automated teller maching (ATM)
Automated teller maching (ATM) is a computer-controlled terminal located on the premises ... - Edge Act and Agreement Corporation
Edge Act and Agreement Corporation refers to subsidiary of a U.S. bank incorporated under ... - Direct taxes
Direct taxes are taxes which affect the consumer directly, such as income tax, corporate ... - Prime Loan
These types of loan are mostly risks free in the sense that the loan has been granted ... - Equities
Equities is the claims to share in the net income and assets of a corporation (such as ...