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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]

Pertenece al grupo

URI

http://data.loterre.fr/ark:/67375/N9J-MQ3H4HCD-T

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