Cash Sale
Defined in 1 dictionary — Cyclopedic (1922)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
In the language of the commercial world, the term "cash sale" is used to designate sales where the purchaser is to have a short credit, as for example, ten days, or even thirty days. 213 111. 586; 157 111. 515. The strict legal signification of the term cash sale is one where delivery and payments are to be concurrent acts and be performed at the same instant of time. 213 111. 587; 157 111. 515.