Practical Law UK Glossary 8-107-7160 (Approx. 3 pages)
Glossary
Retention of title.
A contractual provision by which, in its simplest form, the passing of title in goods supplied under the contract is made conditional on payment of the full purchase price by the buyer. Also known as a Romalpa clause, following the Court of Appeal decision in Aluminium Industrie Vaasen BV v Romalpa Aluminium Limited, the first leading case concerning the device ([1976] 1 WLR 676).