Examples of Time price differential in a sentence
Time price differential, credit service, service, carrying or other charge, however denominated.
Time price differential does not include the amount, if any, charged for insurance premiums, delinquency charges, attorney fees, court costs, or official fees, but does include all other charges included in a finance charge as that term is defined in section 106 of chapter I of the truth in lending act, 15 USC 1605.
Time price differential —The difference between the price paid in installments (time-price) and the cash price.
Time price differential --The difference between the price paid in installments (time-price) and the cash price.
Time price differential is defined as an amount, however denominated or expressed, that the seller adds to the cash sale price for services or property payable at the time of sale; the purchaser pays this amount to the seller for the privilege of paying the offered sales price after the time of sale (through financing).