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 ?
Prior to joining Aaron's Rental Purchase, Van Wagner had been a real estate director for a rental purchase company and later a rental purchase franchisee.
This realignment gives the company two distinct divisions representing the two major segments of our business--the relatively new rental purchase operations and the core rent-to-rent operations, our original business," said R.
The stores generally offer high-quality, durable products such as major consumer electronics, appliances, computers, and furniture and accessories to consumers under flexible rental purchase arrangements that generally allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period.
Contract awarded for Agricultural machinery Agricultural machinery rental business rental purchase
Contract notice: Providing new multifunction copiers connected to print b & w and / or color service or rental purchase option
The stores generally offer high quality, durable products such as major consumer electronics, appliances, computers, and furniture and accessories to consumers under flexible rental purchase arrangements that generally allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period.