What does title mean?
Title means legal ownership of an asset. In finance agreements, title may remain with the lender until the agreement conditions are met.
The exact meaning can vary depending on the asset, lender criteria, agreement wording and business circumstances.
Related finance product
Hire Purchase
A straightforward route to eventual ownership with fixed monthly payments and clear budgeting.
Written by: Hart Asset Finance
Reviewed by: T & L Leasing Limited trading as Hart Asset Finance
Last reviewed: