N.J. Stat. § 56:12-71
As used in this act:
"Buyer" means a person who buys or leases a motor vehicle under a conditional sale contract.
"Conditional sale contract" means any contract for the leasing of a motor vehicle between a buyer and a seller, with or without accessories, by which the lessee agrees to pay as compensation for use a sum substantially equivalent to or in excess of the aggregate value of the vehicle and its accessories, if any, at the time the contract is executed, and by which it is agreed that the lessee will become, or for no other or for a nominal consideration has the option of becoming, the owner of the vehicle upon full compliance with the terms of the contract.
"Lease contract" means a contract for or in contemplation of the lease for the use of a motor vehicle, and the purchase of services incidental to the lease, for a term exceeding four months primarily for personal, family, household, business or commercial purposes, whether or not it is agreed that the lessee bears the risk of the motor vehicle's depreciation.
"Lessee" includes a bailee and means a person who leases, offers to lease or is offered the lease of a motor vehicle under a lease contract.
"Motor vehicle" means any vehicle required to be registered under Title 39 of the Revised Statutes.
"Person" means an individual, company, firm, association, partnership, trust, corporation, or other legal entity.
"Security agreement" means an agreement that creates and provides for a security interest.
"Security interest" means an interest in personal property which secures the payment or performance of an obligation.
"Seller" means a person engaged in the business of selling or leasing motor vehicles under a conditional sale contract.
N.J.S. § 56:12-71