hire purchases

English - Turkish

Definition of hire purchases in English Turkish dictionary
hire purchase: (Ticaret) taksitle alışveriş
hire purchase: taksit
hire purchase: kira bedeli
hire purchase: taksitle satış

English - English

Definition of hire purchases in English English dictionary: plural form of hire purchase
hire purchase: A method of purchasing an item, where the buyer hires it and takes possession of it and pays regular installments. Ownership is only transferred on payment of the final amount. Abbreviated as HP
hire purchase: (British) installment plan
hire purchase: An asset finance agreement under which the customer obtains legal title to the equipment once all finance repayments have been made An option to purchase fee may also be payable, typically at a nominal level Although legal title passes at the end of the term, for tax purposes, the customer is regarded as the owner from the outset
hire purchase: The right to purchase an asset by the user of the asset according to a pre-agreed method The user may be the owner for tax purposes
hire purchase: Term originating in the UK for a lease with a nominal purchase option at the end
hire purchase: System of purchase by paying in instalments
hire purchase: In the United States such a contract is generally treated as a conditional sale, and the term hire purchase is also sometimes applied to a contract in which the hirer is not free to avoid future liability by surrender of the goods
hire purchase: In England, however, if the hirer does not have this right the contract is a sale
hire purchase: a means of obtaining the use of an asset before payment is completed An HP contract involves an initial, or 'down payment', followed by a series of hire charges at the end of which ownership passes to the user
hire purchase: 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. The abbreviation HP is often used. buying a car on hire purchase. Purchase of a commodity on an installment plan. HP a way of buying expensive goods by regularly paying small amounts over a period of time American Equivalent: installment plan
hire purchase: A contract (more fully called contract of hire with an option of purchase) in which a person hires goods for a specified period and at a fixed rent, with the added condition that if he shall retain the goods for the full period and pay all the installments of rent as they become due the contract shall determine and the title vest absolutely in him, and that if he chooses he may at any time during the term surrender the goods and be quit of any liability for future installments upon the contract