Definition
Conditional sales contract is the agreement where ownership transfers only after certain conditions are met. Founders reach for it when a vague conversation needs a shared, specific meaning. Name it clearly, then let the next decision — a hire, a price, a test, or a pass — follow from that meaning.
In the room
How the word shows up in a real conversation.
A mentor asks, “What is your Conditional sales contract?” The useful answer is concrete: agreement where ownership transfers only after certain conditions are met. A slide title is not an answer.
Common mistake
Using Conditional sales contract as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Concentration risk
Investment risk from having too much exposure to a single asset or market.
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Concept testing
Market research method to evaluate consumer response to new product ideas.
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Configuration management
Process of tracking and controlling changes to software or system components.
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Conglomerate
Large corporation with diverse business operations across multiple industries.
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