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.

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Resource Allocation	N266 Civil Court form	Kyat	Garnishee Order
N1 Civil Court form	AFAIK	Charge	Appraiser
Operating profit	Exporter	Dobra	Out of Box
Cessate Grant	Loading Pass	Output Tax	Natural resources
Import VAT	Business cards	Mitigating Circumstances	Domicile
Mala fides	Taxing Master	IP	Productivity
Fringe time	Bona fide	Arrears	Remote Access
Commodity	Residence	Accruals Basis	Counterparty
Securitisation	CAFCASS	Quasi-corporations	Peripheral
Payee	Bequest	IOU	Windfall Profit

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

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