Business terms and jargon explained. Your business dictionary

What is Hire purchase

Hire purchase is a form of credit were an item is hired and the rental amounts paid is counted towards payment of the item. A deposit is paid that and an agreed amount will be payable of a period of time e.g. 12 months. At the end of the 12 months the item can be purchased for a nominal amount e.g. 1.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Private Motor Vehicle Riel Balance of payments (BOP) Cash Flow Forecast
Notice to quit Agricultural property Peer Base Rate
N9A Civil Court form Blind Testing Shareholders Convertible securities
Close company Tax Form - P6 Birr Modus Operandi
Quaeitur Functionality Res nulis Garnishee Order
Collateral Fiscal Policy Accounts receivable Pegging
IP Remortgage Consultancy agreement Re
Jobber Supreme Court Gross interest Hardware
Project brief Inventory Law Lord Natural resources
OEIC Wetware Contingency MasterCard

Term created / updated 2009-07-30 10:28:18

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2018 Scopulus Limited. All rights reserved.