hire purchase

(redirected from Rental purchase)
Also found in: Thesaurus, Financial.

hire purchase

n. Chiefly British
Purchase of an item on an installment plan.

hire purchase

installment plan
ThesaurusAntonymsRelated WordsSynonymsLegend:

hire purchase

noun credit, H.P., finance, easy terms, the never-never, installment plan buying a car on hire purchase
Translations
References in periodicals archive ?
Rent-A-Center provides its customers the opportunity to obtain ownership of high-quality, durable products such as consumer electronics, appliances, computers, furniture and accessories, under flexible rental purchase agreements with no long-term obligation.
The funds are secured by an Aaron's Rental Purchase outlet at 1805 N.
NYSE: RNT), the nation's leader in the rental, rental purchase and specialty retailing of residential and office furniture, consumer electronics and home appliances on September 28 announced the acquisition of a privately held chain of rental purchase stores in Puerto Rico.
Aaron's Rents has acquired seven franchised Aaron's Rental Purchase stores from ACI Investments.
For example, a TV set that might cost $250 to buy outright will often rent for $15 a week under a rental purchase agreement.
The stores generally offer high-quality, durable goods such as major consumer electronics, appliances, computers and furniture and accessories under flexible rental purchase agreements that generally allow the customer to obtain ownership of the merchandise at the conclusion of an agreed upon rental period.