Meaning Of The Word Hire purchase
What's the definition of Hire purchase? Find Hire purchase meanings, definitions and more at the Real Dictionary online.
Hire purchase Meaning
| Hire purchase Definition |
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What's The Definition Of Hire purchase?
hire purchase
Hire purchase is a way of buying goods gradually. You make regular payments until you have paid the full price and the goods belong to you. The abbreviation HP is often used. hire purchase in American English installment plan hire purchase in British English noun: a system for purchasing merchandise, such as cars or furniture, in which the buyer takes possession of the merchandise on payment of a deposit and completes the purchase by paying a series of regular instalments while the seller retains ownership until th hire-purchase in British English noun: a system for purchasing merchandise, such as cars or furniture, in which the buyer takes possession of the merchandise on payment of a deposit and completes the purchase by paying a series of regular instalments while the seller retains ownership until th |
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