hire purchase

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hire purchase

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

hire purchase

installment plan
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hire purchase

noun credit, H.P., finance, easy terms, the never-never, installment plan buying a car on hire purchase
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References in periodicals archive ?
The company had approached the Indian central bank to be allowed to offer asset financing options such as loans, lease and hire purchases.
The range of services offered by PLC includes Finance Leasing, Operating Hire Purchases, Hire Purchases, Asset Financing and Term Loans.
According to the Finance and Leasing Association, the rise is a result of the good deals currently available on hire purchases, as retailers try to tempt customers through their doors.
The association partially attributed the rise to the good deals available on hire purchases, as beleaguered retailers try to tempt customers through their doors.