What does "rent-to-own" mean?

A transaction by which tangible property, such as furniture or electronics, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement.

Rent-to-own

noun

noun ·Rare ·Advanced level

Definitions

Noun

1
A transaction by which tangible property, such as furniture or electronics, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement. uncountable

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.