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Rent-to-own
Rent-to-own, '"Rent 2 Own"' also known as rental-purchase, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles and home appliances, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement.
A rent-to-own transaction differs from a traditional lease, in that the lessee can purchase the leased item at any time during the agreement (in a traditional lease the lessee has no such right), and from a hire purchase/installment plan, in that the lessee can terminate the agreement by simply returning the property (in a hire purchase the buyer has a limited time, if any, to cancel the agreement).
The usage of rent-to-own transactions began in the United Kingdom and Europe, and first appeared in the United States during the 1950s and 1960s.〔(【引用サイトリンク】url=http://www.fundinguniverse.com/company-histories/RentACenter-Inc-Company-History.html )〕 While rent-to-own terminology is most commonly associated with consumer goods transactions, the term is sometimes used in connection with real estate transactions.
==Furniture, electronics and appliances==
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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