单词 | hire purchase |
释义 | Word Frequency hire purchase(ˈhaɪə ˈpɜːtʃɪs) noun British, Australian, New Zealand and South Africa a system for purchasing merchandise, such as cars or furniture, in which the buyer takes possession of the merchandise on payment of a deposit and completes the purchase by paying a series of regular instalments while the seller retains ownership until the final instalment is paid She considered buying a car on hire purchase. See also hire purchase agreement Word Frequency hire-purchasenoun British, Australian, New Zealand and South Africa a. a system for purchasing merchandise, such as cars or furniture, in which the buyertakes possession of the merchandise on payment of a deposit and completes the purchaseby paying a series of regular instalments while the seller retains ownership untilthe final instalment is paid b. Abbreviation: HP, h.p.. US and Canadian equivalents: instalment plan, installment plan (as modifier) hire-purchase legislation |
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