Concept information
Término preferido
hire-purchase and rental goods
Definición
- A hire-purchase (H-P) activity is a transaction that involves regular fees for the access to an entity, coupled with an option to buy provided that all conditions agreed in the contract are fulfilled at the end of the predetermined period. As such, H-P can be considered a type of installment credit. [Source: Encyclopedia of Consumer Culture; Hire-Purchase and Rental Goods]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-MQ3H4HCD-T
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