hire purchase Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “hire purchase” in the English Dictionary

"hire purchase" in British English

See all translations

hire purchasenoun [U]

uk   us   UK (abbreviation HP, US installment plan)
a ​method of ​paying for something in which the ​buyerpayspart of the ​costimmediately and then makes ​smallregularpayments until the ​debt is ​completelypaid
(Definition of hire purchase from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"hire purchase" in Business English

See all translations

hire purchasenoun [U]

uk   us   UK ( abbreviation HP, US installment plan)
a ​method of ​paying for something in which the ​buyerpayspart of the ​cost immediately and then makes ​smallregularpayments 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 ​hirepurchase. a hirepurchaseagreement/​contract/​deal
(Definition of hire purchase from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “hire purchase”
in Arabic تَوظيف شِراء…
in Korean 할부 구입…
in Portuguese compra a prazo/no crediário…
in Catalan compra a terminis…
in Japanese 分割払い…
in Chinese (Simplified) 分期付款…
in Chinese (Traditional) 分期付款…
in Italian vendita a rate…
What is the pronunciation of hire purchase?
Add Cambridge dictionaries to your browser to your website

More meanings of “hire purchase”

Word of the Day

golden

made of gold

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More