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hire-purchase

   Also found in: Financial, Encyclopedia, Wikipedia 0.06 sec.
hire-purchase
Noun
a system in which a buyer takes possession of merchandise on payment of a deposit and completes the purchase by paying a series of instalments while the seller retains ownership until the final instalment is paid
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.hire-purchase - installment plan; "we bought a car on the never-never"
never-never
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
installment buying, installment plan, time plan - a system for paying for goods by installments
Translations
hire-purchase [haɪəˈpəːtʃɪs] hire (Brit) n → Ratenkauf m;
to buy sth on hire-purchase hire → etw auf Raten kaufen


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The hire-purchase system bridged a financial gap, and one bright and memorable Sunday morning he wheeled his new possession through the shop into the road, got on to it with the advice and assistance of Grubb, and teuf-teuffed off into the haze of the traffic-tortured high road, to add himself as one more voluntary public danger to the amenities of the south of England.
The War in the Air by Wells, H.G. View in context
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