[U] (BrE) (abbreviation hp) (AmE installment plan [U,C]) a method of buying an article by making regular payments for it over several months or years. The article only belongs to the person who is buying it when all the payments have been made:
a hire purchase agreement * We're buying a new cooker on hire purchase.
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About this entry
This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
This word also appears under other sources in Lughet's collection — see the list below.
Where does this definition of hire purchase come from?
This entry for hire purchase is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
Is hire purchase a noun, verb, or something else?
In this entry, hire purchase is tagged as noun.
Does hire purchase appear elsewhere on Lughet?
Yes — hire purchase appears under other sources or language pairs in Lughet's collection. See the list below.
What is Lughet?
Lughet is a free trilingual dictionary covering nearly five million entries across Uyghur, Chinese, and English, drawn from more than ten source dictionaries and corpora.