[] ( h.p.) () ( inˈstalment plan [] NAmE, BrE ) () a way of paying for goods gradually over a long period. You have the goods immediately, but legally you do not own them until you have finished paying分期付款购买◆They bought it on hire purchase.他们采用分期付款方式购买了它。◆a hire purchase agreement/contract分期付款购买协议／合同