hire purchase

Related topics: Loans

ˌhire ˈpurchase noun [uncountableU]

British EnglishBrEBFL (abbreviation HP) a way of buying expensive goods by regularly paying small amounts over a period of time 分期付款购买法 SYN American English installment plan

Examples from the Corpus

hire purchase• The range of adaptations possible on a hire purchase car, however, is greater that those available on the hire scheme.• For the same reason, some one hiring goods under a hire purchase agreement is also excluded.• Have you considered hire purchase and leasing as well as outright purchase?• In general, however, they found that consumers took better care of appliances on hire purchase and that servicing costs were lower.• Thus it bought the van from the trader and transferred it on hire purchase to the customer.• This is where goods are taken on hire purchase, credit sale or conditional sale terms.• This can happen if, for example, the sub-purchaser bought the goods from some one who was hiring them on hire purchase terms.• It was held that the purchaser was unaware of any relevant hire purchase agreement.

From Longman Business Dictionary

hire purchaseˌhire ˈpurchase noun [uncountableU] British EnglishBrE

FINANCECOMMERCEa way of buying expensive goods by making regular payments over a period of time. Under hire purchase, the person buying the goods has a right to use the goods during the time they are paying for them, but does not become the legal owner until the final payment has been madeSYN AmE installment plan

A lot of new cars are bought on hire purchase.

a hire purchase agreement

The hire purchase price is always higher than the cash price.

词汇	hire purchase
释义	hire purchase Related topics: Loans ˌhire ˈpurchase noun [uncountableU] British EnglishBrEBFL (abbreviation HP) a way of buying expensive goods by regularly paying small amounts over a period of time 分期付款购买法 SYN American English installment plan Examples from the Corpus hire purchase• The range of adaptations possible on a hire purchase car, however, is greater that those available on the hire scheme.• For the same reason, some one hiring goods under a hire purchase agreement is also excluded.• Have you considered hire purchase and leasing as well as outright purchase?• In general, however, they found that consumers took better care of appliances on hire purchase and that servicing costs were lower.• Thus it bought the van from the trader and transferred it on hire purchase to the customer.• This is where goods are taken on hire purchase, credit sale or conditional sale terms.• This can happen if, for example, the sub-purchaser bought the goods from some one who was hiring them on hire purchase terms.• It was held that the purchaser was unaware of any relevant hire purchase agreement. From Longman Business Dictionary hire purchaseˌhire ˈpurchase noun [uncountableU] British EnglishBrE FINANCECOMMERCEa way of buying expensive goods by making regular payments over a period of time. Under hire purchase, the person buying the goods has a right to use the goods during the time they are paying for them, but does not become the legal owner until the final payment has been madeSYN AmE installment plan A lot of new cars are bought on hire purchase. a hire purchase agreement The hire purchase price is always higher than the cash price.
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