(Britain) A method of purchasing an item, where the buyer hires it and takes possession of it and pays regular installments. Ownership is only transferred on payment of the final amount. Abbreviated as HP.

(economics) The amount of goods and services that can be bought with a unit of currency. / (economics) The amount of goods and services that can be bought by consumers; available income; spending power.

Alternative spelling of hire purchase

plural of year's purchase

A purchase made secretly on behalf of someone else.

A person who makes a straw purchase.

plural of purchasing agent

The amount yielded by the annual income of property; used in expressing the value of a thing in the number of years required for its income to yield its purchase price, in computing the amount to be paid for annuities, etc.

(historical, US) The acquisition of the Louisiana territory (828,000 square miles or 2.14 million km²) by the United States from France in 1803.

plural of compulsory purchase order