lease-purchase
[ lees-pur-chuhs ]
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.
Origin of lease-purchase
1First recorded in 1950–55
Words Nearby lease-purchase
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
Browse