Consumer transaction definition

Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and (iii) the collateral is held or acquired primarily for personal, family, or household purposes. The term includes consumer-goods transactions.
Consumer transaction means a transaction in which:
Consumer transaction means a transaction in which an individual incurs an obligation primarily for personal, family, or household purposes.

Examples of Consumer transaction in a sentence

  • Electronics Consumer transaction made at point of sale (POS) for services and products either through internet banking or mobile banking using smart phone or card payment are called as digital payment.In today’s digital era the usage of internet has increased dramatically.

  • OF TRANSACTIONS PER DAYNote that the Consumer to Consumer transaction is considered Peer-to-Peer (P2P) transaction.The maximum money mobile money balance on an account of a customer at any given time is AFN.

  • In the event that a sale or supply is legally categorised as a Consumer transaction the consumer rights as to quality and supply with due skill and care shall not be restricted or excluded.

  • Consumer transaction" means a transaction involving an individual seeking or acquiring real or personal property, services, future services, money, or credit for personal, family, or household purposes.

  • In the event that a sale or supply is legally categorised as a Consumer transaction, the consumer rights as to quality and supply with due skill and care shall not be restricted or excluded.


More Definitions of Consumer transaction

Consumer transaction means a transaction in which (i) an individual incurs an
Consumer transaction means a transaction in
Consumer transaction means a sale, lease, assignment, award by chance, or other transfer of an item of goods, a service, a franchise, or an intangible, to an individual for purposes that are primarily personal, family, or household, or solicitation to supply any of these things. "Consumer transaction" does not include transactions between persons, defined in sections 4905.03 and 5725.01 of the Revised Code, and their customers, except for transactions involving a loan made pursuant to sections 1321.35 to 1321.48 of the Revised Code and transactions in connection with residential mortgages between loan officers, mortgage brokers, or nonbank mortgage lenders and their customers; transactions involving a home construction service contract as defined in section 4722.01 of the Revised Code; transactions between certified public accountants or public accountants and their clients; transactions between attorneys, physicians, or dentists and their clients or patients; and transactions between veterinarians and their patients that pertain to medical treatment but not ancillary services.
Consumer transaction means a transaction in which one or more of the parties is a customer for purposes of that trans- action.
Consumer transaction means a transaction to the extent that:
Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and
Consumer transaction means the sale or rental of