Also known as: HP-
HP stands for various terms. Discover the full forms, meanings, and possible interpretations of HP across different fields and industries.
HP. A contract between a buyer and seller in which the buyer takes possession of an item and then pays for it in regular instalments, usually monthly, and does not become the owner of the item until the final payment has been made. Also referred to as 'Buying on the never-never'.
BusinessCarEconomicsFinanceHydraulic pumps are used in hydraulic drive systems and can be hydrostatic or hydrodynamic. A hydraulic pump is a mechanical source of power that converts mechanical power into hydraulic energy (hydrostatic energy i.e. flow, pressure). It generates flow with enough power to overcome pressure induced by the load at the pump outlet.
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