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hire purchase payment

[/ˈhaɪər ˈpɜːr.tʃəs ˈpeɪ.mənt/]
nounpl: hire purchase payments
pagamento de compra a prestações
1. A payment made as part of an installment plan where the buyer makes periodic payments to eventually own the item
The hire purchase payment for the car is due on the first of each month.
O pagamento de compra a prestações do carro vence no primeiro de cada mês.
2. A financial arrangement where goods are rented with the option to purchase after completing all payments
She decided to buy the furniture through hire purchase payments rather than paying cash upfront.
Ela decidiu comprar os móveis através de pagamentos de compra a prestações em vez de pagar à vista.
Synonyms
installment paymentpayment planconditional sale paymentpagamento parcelado
Antonyms
cash paymentlump sum paymentpagamento à vista

Regional Variations

General Brazilian
pagamento de compra a prestações
Most common usage in Brazil
São Paulo
pagamento parcelado
Often simplified to this term in commercial contexts
Portugal
pagamento de compra a prestações
More formal British-influenced usage

Related Idioms & Phrases

on the never-never (British colloquial for hire purchase)
installment plan
pagamento a crédito
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