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leasepurchase

 - 1 dictionary result

lease-pur⋅chase

[lees-pur-chuhs]
–noun
1. 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
2. of or pertaining to lease-purchase.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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