Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “hire purchase”

See all translations

hire purchase

noun [U]
 
 
UK ( abbreviation HP, US installment plan)
a method of paying for something in which the buyer pays part of the cost immediately and then makes small regular payments until the debt is completely paid. The buyer can use the product, but does not legally own it until all payments are made: They bought the car on hire purchase. a hire purchase agreement/contract/deal
Translations of “hire purchase”
in Korean 할부 구입…
in Arabic تَوظيف شِراء…
in Portuguese compra a prazo/no crediário…
in Catalan compra a terminis…
in Japanese 分割払い…
in Italian vendita a rate…
in Chinese (Traditional) 分期付款…
in Chinese (Simplified) 分期付款…
(Definition of hire purchase from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of hire purchase?
Add Cambridge dictionaries to your browser to your website

Definitions of “hire purchase” in other dictionaries

Word of the Day

guru

a religious leader or teacher in the Hindu or Sikh religion

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

crossfit noun

March 23, 2015
high-intensity strength training Two women in strappy dresses discussed how much weight they could snatch

Read More