No frills purchase of an asset, probably for cash, for use in business. As opposed to rental, contract hire, sale or return - where ownership may not transfer.
The easiest term in the whole definitions database. Something that's bought outright is owned, usually paid for in cash, where all the risks and rewards of ownership are yours.
We need to confirm your email address.
To complete the subscription process, please click the link in the email we just sent you.
