LEASE TO OWN
\lˈiːs tuː ˈə͡ʊn], \lˈiːs tuː ˈəʊn], \l_ˈiː_s t_uː ˈəʊ_n]\
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An agreement allowing the renter to buy the leased item when the lease period expires. Typically, some or all of the lease payment is applied to the purchase. A lease-to-own arrangement usually has predetermined time and price for the purchase stated.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.