hire purchase

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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
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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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
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References in periodicals archive ?
The new service enables customers to complete lease deals or contract hire purchases from the comfort of their home or office.
MAA president Datuk Aishah Ahmad during a media briefing yesterday said stringent lending for hire purchases would be the biggest hurdle for the industry this year, business daily The Edge reported yesterday.
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.