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hire-purchase system

[ hahyuhr-pur-chuhs ]

noun

, British.
  1. a system of payment for a commodity in regular installments while using it.


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Word History and Origins

Origin of hire-purchase system1

First recorded in 1895–1900
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Example Sentences

Many undertakers carry out wiring on the easy payment or hire-purchase system.

X 31, a woman, has obtained jewellery on the hire-purchase system.

If this is the "hire-purchase system," a piano-less life is infinitely preferable to braving its manifold perils and penalties.

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