A Conditional Sale Agreement is a transaction in which goods are sold with the requirement of full payment before delivery. It is a common way for businesses to purchase goods, where the seller holds title to the goods until they are fully paid by the buyer. Such agreements provide customers access to product/service ownership prior to full payment, offering flexibility and greater control over cash flow. They also offer an effective risk management tool, allowing buyers to secure goods while protecting themselves from potential losses caused by changes in market prices.