hire purchase

noun
🔊/ˌhaɪə ˈpɜːtʃəs/
🔊/ˌhaɪər ˈpɜːrtʃəs/
[uncountable] (British English)
(abbreviation h.p., HP)
(North American English installment plan)
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  1. a method of buying an article by making regular payments for it over several months or years. The article only belongs to the person who is buying it when all the payments have been made.分期付款购买
    • on hire purchase I bought my first car on hire purchase. 我以租购方式购买了我的第一辆车。
    • a hire purchase agreement分期付款协议
    • We offer very generous hire purchase terms.我们提供非常宽松的租购条款。
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    Oxford Collocations DictionaryHire purchase is used before these nouns:
    • agreement
    See full entry