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   

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

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 © 2004-2019 Scopulus Limited. All rights reserved.