Daily Almanac for
Nov 29, 2009
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Dictionary


lease-pur•chase



Pronunciation: (lēs'pûr'chus), [key]
n.
the continuing use of property or goods under a lease for a stipulated period with option for the lessee to buy and with part of the rental charges credited toward the purchase price.

adj.
of or pertaining to lease-purchase.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

leasemanlease rod
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