Meaning Of The Word Down payment
What's the definition of Down payment? Find Down payment meanings, definitions and more at the Real Dictionary online.
Down payment Meaning
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What's The Definition Of Down payment?
down payment
countable noun: If you make a down payment on something, you pay only a percentage of the total cost when you buy it. You then finish paying for it later, usually by paying a certain amount every month. down payment in American English an initial, partial payment on a purchase noun: an initial amount paid at the time of purchase, in installment buying, time sales, etc down payment in British English noun: the deposit paid on an item purchased on hire-purchase, a mortgage, etc |
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