Definitions from Wiktionary (down payment)
▸ noun: (law, finance) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.
▸ noun: (by extension) Any initial commitment signifying an intention to carry out a larger future commitment, even though no legal rights or obligations are secured.
▸ Words similar to down payment
▸ Usage examples for down payment
▸ Idioms related to down payment
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▸ Words that often appear near down payment
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▸ noun: (law, finance) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.
▸ noun: (by extension) Any initial commitment signifying an intention to carry out a larger future commitment, even though no legal rights or obligations are secured.
Similar:
deposit,
downpayment,
buydown,
finance,
holdback,
security deposit,
binder,
bond,
paydown,
deposit contract,
more...
Opposite:
Phrases:
Adjectives:
ringfenced,
defined contribution,
final salary,
ultrashort,
callable,
fine,
fond,
deferred,
budget,
money purchase,
special
▸ Words similar to down payment
▸ Usage examples for down payment
▸ Idioms related to down payment
▸ Wikipedia articles (New!)
▸ Words that often appear near down payment
▸ Rhymes of down payment
▸ Invented words related to down payment