hire purchase

(redirected from Commercial hire purchase)
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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.

Hire Purchase

A British and Commonwealth term for closed-end leasing. See also: Rent-to-own.

hire purchase

see INSTALMENT CREDIT.

hire purchase

see INSTALMENT CREDIT.
References in periodicals archive ?
0 million pool of fixed-rate commercial hire purchase and finance lease contracts and associated receivables interests originated by Orix Australia Corp.

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