The story
So called because one is initially glad to have the purchased item, but later sorry to have to make the repayments.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A hire purchase scheme. Full definition →
So called because one is initially glad to have the purchased item, but later sorry to have to make the repayments.
Etymology from Wiktionary, CC BY-SA 4.0.