/haɪr ˈpɜrtʃəs əˈɡrimənt/ – Phrase
Definition: Hợp đồng mua bán trả góp.
A more thorough explanation: a contract for the purchase of a consumer good in which the buyer agrees to pay some of the price immediately and then makes regular payments until the item has been paid for
Example: The new regulations will apply to the hire of goods and hire-purchase agreements.