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Hire Purchase

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia 0.12 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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It also approved a proposal to construct flats for government officials and low and middle-income group people in the capital in next three years for hire purchase.
There are many companies that offer car lease commercial hire purchases Queensland car loans and personal loans for the cars.
Motability customers agree to pay all or part of their Mobility Allowance, depending on their choice of vehicle, for the duration of their contract hire or hire purchase agreement.
 
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