lease-purchase

[ lees-pur-chuhs ]
/ ˈlisˈpɜr tʃəs /

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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Words nearby lease-purchase

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021