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Definition of Hire Purchase - Finance dictionary
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Hire Purchase
"Hire purchase" designates a form of sale where the buyer pays the seller in several instalments, and where the legal title to the goods sold is not transferred before the last payment due is made.
Hire Purchase
"Hire purchase" designates a form of sale where the buyer pays the seller in several instalments, and where the legal title to the goods sold is not transferred before the last payment due is made.
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Definitions of terms begining
with the same letter as "Hire Purchase"
:
Hire Purchase
"Hire purchase" designates a form of sale where the buyer pays the seller in several instalments, and where the legal title to the goods sold is not transferred before the last payment due is made.
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