hire purchase

n. Chiefly British

Purchase of an item on an installment plan.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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

Collins Thesaurus of the English Language – Complete and Unabridged 2nd Edition. 2002 © HarperCollins Publishers 1995, 2002

Translations

pagamento a rate

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References in periodicals archive

Jonathan Thacker, owner at The Walsall Wheelbarrow Company, said: "The hire purchase facility has enabled us to invest in top of the range machinery that will increase our efficiency without having a negative impact on our working capital.

Production is doubled at wheelbarrow maker

Hire purchase works in a similar way to PCP, in that you have to pay a deposit at the outset followed by monthly payments, but there's one key difference.

3 incredible new cars you can get for less than [pounds sterling]300 a month; PCP deals help drivers bag cracking motors on modest budgets, but there are plenty of potential downsides to bear in mind

But he did not make a single repayment, and spent the following year avoiding the hire purchase firm.

'Victim of Brexit' admits theft of BMW worth PS10k

He added that buying through hire purchase accorded everyone an opportunity to buy the furniture by paying little at a time.

Tlhabare wins car in store competition

The car being of satisfactory quality will have been a term of the hire purchase agreement and, on this basis, Kevin can get the agreement terminated.

My breakdown on used car troubles; The People's consumer Champion askdean@people.co.uk

Can a hire purchase agreement be brought to an end by the buyer?

YOUR VIEW; Joe Michna, manager of Citizens Advice Hartlepool, talks us through hire purchase agreements

Almost half (47.9 per cent) the population in Greece were in arrears with mortgage, rent, utility bills or hire purchase payments in 2016.

Over a quarter of Cypriots in arrears in 2016

HIRE PURCHASE OR PERSONAL CONTRACT PURCHASE With a hire purchase agreement, you purchase the car outright but don't actually own it until the final payment is made.

Driven to distraction; Financial worries or just looking for better value for money? Consumer champion Fergus Muirhead can help

Fortis submitted that there was no 'bailment by description' within the meaning of section 9 of the Supply of Goods (Implied Terms) Act 1973 arising under its hire purchase agreement.

Sale of a classic car: compliance with description: Brewer v. Mann

The Motability scheme enables the person you're looking after, or you if you're looking after a child, to obtain a car, wheelchair or scooter through contract hire or hire purchase. The contract hire car scheme offers a mobility package that takes away many of the pressures of being a car owner.

On road to better mobility

Hire purchase involves monthly payments, the equipment is "owned" once the full amount of the contract is paid.

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