hire-purchase

Speech parts

1. hire-purchase - Noun

2. hire-purchase - Adjective

Meaning

installment plan

Source: WordNet

Alternative names

hire purchase

Synonyms

never-never binder credit buy cash finance buying clearance borrowing acquittal amortization acquittance mortgaging cornering installment plan
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Antonyms

opposition arrival debt penalty obligation liability
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Hypernyms

installment plan installment buying time plan

Examples

we bought a car on the never-never Source: Internet

A common transaction involving bailment is a conditional sale or hire-purchase, in which the seller lets the buyer have possession of the thing before it is paid for. Source: Internet

The young entrepreneur who added that she was also doing a side hustle and therefore had no cause to be broke, bought the fairly used tricycle which she gave out for hire purchase. Source: Internet

Audie explained that she had bought it on hire purchase as she didn't have the liquid cash to make a big purchase outright. Source: Internet

The Consolidated Entity has finance leases and hire purchase contracts for various items of plant and machinery. Source: Internet

The investigation carried out by Kwara police has it that Adegoke was killed by his colleague, Jamiu, in order to take over his brand new truck, which was bought on hire purchase. Source: Internet

Close letter words and terms

hire purchase plan hire system hire vehicle hireable hireage hired