hire purchase

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Related to Lease purchase: Lease option

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 ?
Although, this is an attractive financing tool, it is available at relatively high costs compared to a tax-exempt lease purchase.
With Sparta's appointment of Joseph Peters, an expert in law enforcement and counter-terrorism, as Strategic Development Consultant, Sparta believes that Peters' involvement, through his extensive knowledge and experiences with law enforcement agencies across the country, will produce a growing number of Municipal Lease Purchase agreements for Sparta throughout the United States.
Neal also said that, "The benefits of the Lease Purchase program for consumers are tremendous," and some these benefits include:
These figures do not take into account other essential equipment that Sparta includes in its Municipal Lease Purchase Financing Program, such as the on-board digital video and data equipment used on these vehicles.
CHN's nationally modeled Lease Purchase Program was pioneered with Enterprise, a nationwide organization that works to build affordable homes and fuel community revitalization.
29, 2011, the two companies finalized a lease purchase deal for the STAs,which would see PENELCO paying TransCo P136,551,360.
Flint Hills will use the 6i Upstream First Purchaser and Settlement applications to perform various aspects of its lease purchase accounting, including lease purchase ticket valuations, battery allocation processing, statement and payment generation, maintenance of decimal interests, suspense balance management, and regulatory reporting.
Contract notice: ambulance service lease purchase agreement
The Pulaski County Facilities Board Lease Purchase initiative addresses the needs of buyers who have credit issues or no credit, or simply need assistance with their downpayment and closing costs," says Judge Villines.
The certificates are secured by lease payments made by the district to the trustee, as assignee of the Financing Corporation for The School Board of Lake County, Florida (the corporation), a Florida not-for-profit corporation created to assist the district in lease purchase financing.
9 million Hoosier Equipment Lease Purchase (HELP) program Bonds, Series 1993C are rated A by Fitch.