Down payment
volume
British pronunciation/dˌaʊn pˈeɪmənt/
American pronunciation/dˌaʊn pˈeɪmənt/

Definitie & Betekenis van "down payment"

01

a partial payment made at the time of purchase; the balance to be paid later

example
Voorbeeld
examples
His savings will meet the down payment for the new house.
His savings over the years have amounted to a substantial down payment for a house.
The homebuyer deposited a down payment to secure the purchase of the house.
Every payday, she puts $50 aside for her future home down payment.
She's saving up for a down payment on a car.
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