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English definition of “HP”

HP

noun [U]     /ˌeɪtʃˈpiː/ UK
abbreviation for hire purchase: We bought our television on HP.Renting, hiring and hire purchase in general Mortgages and real estateRenting propertyForms of money and methods of payment
(Definition of HP noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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