UC Law School statement: The Law School has received many media requests about Barack Obama, especially about his status as Senior Lecturer.. From 1992 until his election to the U.S. Senate in 2004, Barack Obama served as a professor in the Law School. He was a Lecturer from 1992 to 1996.
DEFINITION of 'Hire Purchase'. A method of buying goods through making installment payments over time. The term hire purchase originated in the U.K., and is similar to what are called rent-to-own arrangements in the United States.Under a hire purchase contract, the buyer is leasing the goods and does not obtain ownership until the full amount of the contract is paid. Next Up.he term hire purchase originated in the U.K., and is similar to what are called rent-to-own arrangements in the United States. Under a hire purchase contract, the buyer is leasing the goods and does not obtain ownership until the full amount of the contract is paid. Next Up.
a b c d e f g h i j k l m n o p q r s t u v w x y z. A purchase order is a source document used by the purchasing department to place an order with a vendor or supplier. In other words, this is the contract that a buyer drafts to purchase goods from a seller. A purchase order typically lists the date of the order, FOB shipping information, shipping date, discount terms, name of the buyer and seller, description of the goods, model numbers, price, quantity, and PO number. At the very bottom of every order form there is a signature line for the authorized manager to sign.