Hire Purchase

Synonyms of hire purchase

• installment plan
• rent-to-own
• lease-to-own

Antonyms of hire purchase

• buy outright
• cash purchase
• outright purchase

Collocations of hire purchase

hire purchase agreement

Frequency: 80 %

The hire purchase agreement outlined the terms of the transaction.

hire purchase finance

Frequency: 70 %

He secured hire purchase finance to buy the car.

hire purchase contract

Frequency: 65 %

They signed a hire purchase contract for the furniture.

hire purchase scheme

Frequency: 60 %

The company introduced a new hire purchase scheme for its employees.

hire purchase option

Frequency: 50 %

She considered the hire purchase option before making a decision.

Idiomatic Expressions for hire purchase

• Phrase: hire purchase agreement
  Meaning: a legal contract between a buyer and a seller where the buyer agrees to pay for goods in installments and has the right to use the goods while making payments.
  Usage: Before buying the furniture, we signed a hire purchase agreement with the store.