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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.

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

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 Gissing, George

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 Le Queux, William

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 Cannan, Gilbert

You can get them on the hire-purchase system.

From People of Position by Boehm, H. Richard

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