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 ?
Consequently, early versions of the installment plan were dismissed as the folly of the improvident poor, immigrants, and women.
Ask your Post quartermaster for a VFW Life Membership Installment Plan agreement card today or use the form printed in the December issue of VFW magazine.
The interrelated phrases layaway man and installment plan, which have multiple connotations, carry the meaning of "Set No.
Customers are offered not just the option of zero-interest monthly installment plans but good discounts and full refund of the purchases among other attractive financing options.
Those who buy an iPhone 7 or iPhone 7 Plus and activate it with a monthly installment plan can (http://www.
With this alliance now FBL customers have the flexibility to make payments and book any product with the support of an installment plan with their own FBL Credit Card at zero markups.
Warid Telecom has taken an initiative in collaborating with Bank Alfalah Limited that will allow Warid customers (with Bank Alfalah credit cards) to purchase LTEsupported handsets, with 0% markup and on a simple installment plan.
This new payment solution allows card holders to split their payments instantly at the merchant counter to a zero per cent installment plan for tenures of their choice as opposed to the current conventional process of cardholders having to call for conversion of their purchases to installments and then wait for the agent to call back for a confirmation.
The blast was so powerful that it devastated the entire shop that sells motorcycles using installment plan.
According to the Mirror, Spurs chairman Levy will push for better terms than the installment plan Madrid are hoping for, with the Spanish giants aiming to spread their massive 100 million pound transfer outlay across several seasons.
WASSIT / Aswat al-Iraq: The provincial council in Wassit has signed a contract with a number of foreign companies to build housing units for teachers under a 15-year installment plan.
According to the scheme, a Citibank cardholder can choose from a range of car insurance plans offered by AXA Group and pay for it in nine monthly installments at a zero per cent interest rate using Citibank's Easy Installment Plan (EIP).