noun
EXAMPLES FROM CORPUS
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For the same reason, some one hiring goods under a hire purchase agreement is also excluded.
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Have you considered hire purchase and leasing as well as outright purchase?
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In general, however, they found that consumers took better care of appliances on hire purchase and that servicing costs were lower.
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It was held that the purchaser was unaware of any relevant hire purchase agreement.
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The range of adaptations possible on a hire purchase car, however, is greater that those available on the hire scheme.
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This can happen if, for example, the sub-purchaser bought the goods from some one who was hiring them on hire purchase terms.
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This is where goods are taken on hire purchase , credit sale or conditional sale terms.
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Thus it bought the van from the trader and transferred it on hire purchase to the customer.