hire purchase

noun

chiefly British
: purchase on the installment plan

Examples of hire purchase in a Sentence

They bought the furniture on hire purchase.

Word History

First Known Use

1895, in the meaning defined above

Time Traveler
The first known use of hire purchase was in 1895

Dictionary Entries Near hire purchase

hire out

hire purchase

hiring hall

See More Nearby Entries 

Cite this Entry

“Hire purchase.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hire%20purchase. Accessed 23 Nov. 2024.

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