down payment (redirected from Downpayments)

down payment

n.

A partial payment made at the time of purchase, with the balance to be paid later.

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down payment

n

(Business / Commerce) the deposit paid on an item purchased on hire-purchase, mortgage, etc.

Thesaurus

Noun

1.

down payment - a partial payment made at the time of purchase; the balance to be paid later deposit payment - a sum of money paid or a claim discharged security deposit, margin - the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities

Translations

down payment n → acconto