- A purchaser who has the money at the time to make any cash payment that is required and who is in condition financially to meet any deferred payments. Reynor v Mackrill, 181 Iowa 210, 164 NW 335, 1 ALR 523. Not one who might have property upon which he could raise the necessary money. Reynor v Mackrill, 181 Iowa 210, 164 NW 335, 1 ALR 523, 528. A purchaser is not "able" where he is depending upon third parties who are in no way bound to furnish the funds to make the purchase. Anno: 1 ALR 528.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
buyer — index consumer, customer, patron (regular customer) Burton s Legal Thesaurus. William C. Burton. 2006 buyer … Law dictionary
buyer — One who makes a purchase. See able buyer; ready, able, and willing buyer; purchaser; vendee … Ballentine's law dictionary
Buyer brokerage — (or Buyer agency as it is also known) is the practice of real estate brokers (and their agents) representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub agent. In the United… … Wikipedia
Buyer decision processes — are the decision making processes undertaken by consumers in regard to a potential market transaction before, during, and after the purchase of a product or service.More generally, decision making is the cognitive process of selecting a course of … Wikipedia
Buyer's remorse — is an emotional condition whereby a person feels remorse or regret after a purchase. It is frequently associated with the purchase of higher value items which could be considered bad although it may also stem from a sense of not wishing to be… … Wikipedia
Buyer's Monopoly — A buyer s monopoly, or monopsony , is a market situation where there is only one buyer and many sellers. This situation gives the buyer considerable power to demand concessions from sellers, since the sellers have no alternative to selling to the … Investment dictionary
Buyer's Call — An agreement between a buyer and seller whereby a commodity purchase occurs at a specific price above a futures contract for an identical grade and quantity. Also known as a call sale, this agreement gives the buyer the option to fix the price of … Investment dictionary
Steve Buyer — Infobox Congressman name =Steve Buyer date of birth=birth date and age|1958|11|26 place of birth =Rensselaer, Indiana state = Indiana district = 4th term start =January 3, 1993 preceded = Mark Souder succeeded = Incumbent party =Republican… … Wikipedia
Debt buyer — A debt buyer is a company, sometimes a collection agency or a private debt collection law firm, that purchases delinquent or charged off debts from a creditor for a fraction of the face value of the debt. The debt buyer can then collect on its… … Wikipedia
First time buyer — A first time buyer (FTB) is a term used in the British property market, and in other countries, for a potential house buyer who has not previously owned a property. A first time buyer is usually desirable to a seller as they do not have to sell a … Wikipedia