From Longman Business Dictionarycredit saleˈcredit ˌsale [countable, uncountable]COMMERCE a sale in which the full amount will be made in one payment some time in the future or in smaller regular payments over a period of time. The buyer is the owner of the property or goods being sold from the time the arrangement is madeGoods may be taken on hire purchase, credit sale, or conditional sale terms. → sale