hire purchase
hire purchase · hire purchases
A method of purchasing an item, where the buyer hires it and takes possession of it…A method of purchasing an item, where the buyer hires it and takes possession of it and pays regular instalments. Ownership is only transferred on payment of the final amount. Abbreviated as HP.
Meaning
1 senses(Commonwealth, Ireland, UK, countable, uncountable)A method of purchasing an item, where the buyer hires it and takes possession of it and pays regular instalments. Ownership is only transferred on payment of the final amount. Abbreviated as HP.
Translations
2 languagesForms
plural: hire purchases| Singular | hire purchase |
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| Plural | hire purchases |
regular
Synonyms
3 synonymsWord family
1 related wordsRelatedrent-to-own
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable