Hire Purchase Posted on 15th November 20156th September 2020 by ThePD (The Project Definition) Hire Purchase is a method of paying that is sold to a purchaser in return for agreed future payments. Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Related Posted in Business and tagged market. ThePD (The Project Definition) ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.