HIRE-PURCHASE

Pronunciation (US): (GB):

Meaning:

Installment plan

Example:

we bought a car on the never-never

Synonyms:

hire-purchase; never-never

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("hire-purchase" is a kind of...):

installment buying; installment plan; time plan (a system for paying for goods by installments)

Domain region:

Britain; Great Britain; U.K.; UK; United Kingdom; United Kingdom of Great Britain and Northern Ireland (a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; 'Great Britain' is often used loosely to refer to the United Kingdom)