Definition of Hire-purchase in English :
Define Hire-purchase in English
Hire-purchase meaning in English
Meaning of Hire-purchase in English
Pronunciation of Hire-purchase in English
Hire-purchase pronunciation in English
Pronounce Hire-purchase in English
Hire-purchase
see synonyms of hire-purchaseNoun
1. hire-purchase, never-never
installment plan
Example Sentences:'we bought a car on the never-never'
WordNet Lexical Database for English. Princeton University. 2010.
Hire-purchase
see synonyms of hire-purchasenoun
British, Australian, New Zealand and South Africa
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
She considered buying a car on hire purchase.
See also hire purchase agreementnoun
British, Australian, New Zealand and South Africa
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.
Abbreviation: HP, h.p.. US and Canadian equivalents: instalment plan, installment plan(as modifier)
hire-purchase legislation
Collins English Dictionary. Copyright © HarperCollins Publishers
Hire-purchase
see synonyms of hire-purchase British
installment plan
Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.