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hire-purchase system

American  
[hahyuhr-pur-chuhs] / ˈhaɪərˈpɜr tʃəs /

noun

British.
  1. a system of payment for a commodity in regular installments while using it.


Etymology

Origin of hire-purchase system

First recorded in 1895–1900

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

She managed secretly to save enough money to surprise and delight Olivier with a hired piano, which, on the hire-purchase system became their property at the end of a certain number of months.

From Jean Christophe: in Paris The Market-Place, Antoinette, the House by Gilbert Cannan

To-day he had successfully prosecuted a man who seemed to have lived for some time on the hire-purchase system, and it made him unusually cheerful.

From In the Year of Jubilee by George Gissing

If this is the "hire-purchase system," a piano-less life is infinitely preferable to braving its manifold perils and penalties.

From Punch, or the London Charivari, Volume 100, April 25, 1891 by Various

You can get them on the hire-purchase system.

From People of Position by H. Richard Boehm

He took the young man round to a neighbouring costumier’s, and secured a dress-suit on the hire-purchase system, at a very small outlay of ready money which he advanced.

From The Intriguers by William Le Queux

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