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hire-purchase

   Also found in: Financial, Encyclopedia, Wikipedia 0.04 sec.
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
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.hire-purchase - installment plan; "we bought a car on the 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-purchaseauf Raten or Teilzahlung; hire-purchase agreementTeilzahlungs(kauf)vertrag m
hire-purchase [ˌhaɪəˈpɜːtʃɪs] n (Brit) → acquisto (or vendita) a rate
to buy sth on hire-purchase → comprare qc a rate
hire-purchase [ˌhaɪəˈpɜːtʃɪs] n (Brit) → acquisto (or vendita) a rate
to buy sth on hire-purchase → comprare qc a rate


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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.
 
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