hire-purchase system

[ hahyuhr-pur-chuhs ]

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

Origin of hire-purchase system

1
First recorded in 1895–1900
  • Also called hire-purchase.

Words Nearby hire-purchase system

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use hire-purchase system in a sentence