hire-purchase

hire-purchase

n

(Business / Commerce) Brit

a.  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 the final instalment is paid

b.  (as modifier) hire-purchase legislation Abbreviation HP h.p US and Canadian equivalents installment plan instalment plan

Thesaurus

Noun

1.

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

n (Brit) → Ratenkauf m, → Teilzahlungskauf m; on hire-purchase → auf Raten or Teilzahlung; hire-purchase agreement → Teilzahlungs(kauf)vertrag m

hire-purchase [ˌhaɪəˈpɜːtʃɪs] n (Brit) → acquisto (or vendita) a rate
to buy sth on hire-purchase → comprare qc a rate