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lease
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Also available:
World English Dictionary
Dictionnaire Français
lease-purchase agreement
lease-pur·chase a·gree·ment
(
plural
lease-pur·chase a·gree·ments
)
noun
Definition:
finance
lease with option to buy:
a leasing agreement that allows somebody to buy the asset, with the leasing payments counting towards the purchase price
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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