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lease-purchase
[ lees-pur-chuhs ]
/ ˈlisˈpɜr tʃəs /
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This shows grade level based on the word's complexity.
noun
the continuing use of property or goods under a lease for a stipulated period with option for the lessee to buy and with part of the rental charges credited toward the purchase price.
adjective
of or relating to lease-purchase.
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Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023