hire-purchase credit

См. также в других словарях:

• Hire purchase — (abbreviated HP) is the legal term for a contract, in this persons usually agree to pay for goods in parts or a percentage at a time. It was developed in the United Kingdom and can now be found in China, Japan, Malaysia, India, South Africa,… …   Wikipedia

• hire purchase —    Hire purchase, commonly abbreviated to HP (called ‘instalment credit’ in the USA, where the system emerged in the nineteenth century) plays an important but decreasing role in providing consumer credit, especially for poorer people, for the… …   Encyclopedia of contemporary British culture

• hire purchase — HP A method of buying goods in which the purchaser takes possession of them as soon as an initial instalment of the price (a deposit) has been paid; ownership is obtained when all the agreed number of subsequent instalments have been completed. A …   Accounting dictionary

• hire purchase — HP A method of buying goods in which the purchaser takes possession of them as soon as an initial instalment of the price (a deposit) has been paid and obtains ownership of the goods when all the agreed number of subsequent instalments have been… …   Big dictionary of business and management

• hire purchase — ▶ noun INSTALMENT PLAN, deferred payment, HP, credit, finance, easy terms; Brit. informal the never never. * * * noun [noncount] Brit : ↑installment plan They bought the furniture on hire purchase. * * * ˌhire ˈpurchase [hire purchase …   Useful english dictionary

• hire purchase — N UNCOUNT: oft N n Hire purchase is a way of buying goods gradually. You make regular payments until you have paid the full price and the goods belong to you. [BRIT] ...the serious problem of hire purchase and credit card debts. ...buying a car… …   English dictionary

• hire purchase — /ˌhaɪə pɜ:tʃɪs/ noun a system of buying something by paying a sum regularly each month ● to buy a refrigerator on hire purchase (NOTE: The US term is installment credit, installment plan or installment sale.) ♦ to sign a hire purchase agreement… …   Dictionary of banking and finance

• hire purchase — HP A British term for installment credit …   Auditor's dictionary

• credit — cred·it 1 n 1: recognition see also full faith and credit 2 a: the balance in an account which may be drawn upon and repaid later compare loan …   Law dictionary

• credit transactions — In the context of directors loans a hire purchase or conditional sale agreement, a lease or hire agreement or the supply of goods or services on deferred credit terms (Section 330 344 Companies Act 1985). Easyform Glossary of Law Terms. UK law… …   Law dictionary

• Purchase — To buy, to be long, to have an ownership position. The New York Times Financial Glossary * * * ▪ I. purchase pur‧chase 1 [ˈpɜːtʆs ǁ ˈpɜːr ] noun COMMERCE 1. [uncountable] the act of buying something: • Keep the receipt as your proof of purc …   Financial and business terms