Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
hire-purchase is a noun meaning "installment plan". It carries one recorded sense.
installment plan
“we bought a car on the never-never”
United Kingdom
Definitions, synonyms and semantic relations for hire-purchase come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.