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hire-purchase

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The Lease Purchase Times
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hire-purchase system

  [hahyuhr-pur-chuhs]
Use hire-purchase in a Sentence
–noun British.
a system of payment for a commodity in regular installments while using it.
Also called hire-purchase.

Origin:
1895–1900
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Hire Purchase
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