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Hire Purchase
(redirected from Commercial hire purchase)

    Also found in: Wikipedia 0.04 sec.
Hire Purchase
The right to purchase an asset by the user of the asset according to a pre-agreed method. The user may be the owner for tax purposes.


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This is the first securitization of automobile and equipment commercial hire purchase receivables which have been originated by Orix Australia Corp.
S&P Rates Eden Park Trust No. 1 Notes AAA/A by Business Wire
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