down payment


Also found in: Thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia.

down payment

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

down payment

n
(Commerce) the deposit paid on an item purchased on hire-purchase, a mortgage, etc

down′ pay′ment


n.
an initial amount given as partial payment at the time of purchase, as in installment buying.
[1925–30]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.down payment - a partial payment made at the time of purchase; the balance to be paid later
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

down payment

noun
A partial or initial payment:
Translations
عُرْبون
záloha
udbetaling
elsõ részlet
innágreiîsla, fyrsta greiîsla
kaparokısmî ödemepeşinat

down payment

nacconto

down1

(daun) adverb
1. towards or in a low or lower position, level or state. He climbed down to the bottom of the ladder.
2. on or to the ground. The little boy fell down and cut his knee.
3. from earlier to later times. The recipe has been handed down in our family for years.
4. from a greater to a smaller size, amount etc. Prices have been going down steadily.
5. towards or in a place thought of as being lower, especially southward or away from a centre. We went down from Glasgow to Bristol.
preposition
1. in a lower position on. Their house is halfway down the hill.
2. to a lower position on, by, through or along. Water poured down the drain.
3. along. The teacher's gaze travelled slowly down the line of children.
verb
to finish (a drink) very quickly, especially in one gulp. He downed a pint of beer.
ˈdownward adjective
leading, moving etc down. a downward curve.
ˈdownward(s) adverb
towards a lower position or state. The path led downward (s) towards the sea.
down-and-ˈout noun, adjective
(a person) having no money and no means of earning a living. a hostel for down-and-outs.
ˌdown-at-ˈheel adjective
shabby, untidy and not well looked after or well-dressed.
ˈdowncast adjective
(of a person) depressed; in low spirits. a downcast expression.
ˈdownfall noun
a disastrous fall, especially a final failure or ruin. the downfall of our hopes.
ˌdownˈgrade verb
to reduce to a lower level, especially of importance. His job was downgraded.
ˌdownˈhearted adjective
depressed and in low spirits, especially lacking the inclination to carry on with something. Don't be downhearted! – we may yet win.
ˌdownˈhill adverb
1. down a slope. The road goes downhill all the way from our house to yours.
2. towards a worse and worse state. We expected him to die, I suppose, because he's been going steadily downhill for months.
downˈhill racing noun
racing downhill on skis.
downˈhill skiing noun
ˌdown-in-the-ˈmouth adjective
miserable; in low spirits.
down payment
a payment in cash, especially to begin the purchase of something for which further payments will be made over a period of time.
ˈdownpour noun
a very heavy fall of rain.
ˈdownright adverb
plainly; there's no other word for it. I think he was downright rude!
adjective
He is a downright nuisance!
ˈdownstairs adjective
, ˌdownˈstairsadverb on or towards a lower floor. He walked downstairs; I left my book downstairs; a downstairs flat.
ˌdownˈstream adverb
further along a river towards the sea. We found/rowed the boat downstream.
ˌdown-to-ˈearth adjective
practical and not concerned with theories, ideals etc. She is a sensible, down-to-earth person.
ˈdowntown adjective
(American) the part (of a city) containing the main centres for business and shopping. downtown Manhattan.
ˌdownˈtown adverb
(also down town) in or towards this area. to go downtown; I was down town yesterday.
ˈdown-trodden adjective
badly treated; treated without respect. a down-trodden wife.
be/go down with
to be or become ill with. The children all went down with measles.
down on one's luck
having bad luck.
down tools
to stop working. When the man was sacked his fellow workers downed tools and walked out.
down with
get rid of. Down with the dictator!
get down to
to begin working seriously at or on. I must get down to some letters!
suit (someone) down to the ground
to suit perfectly. That arrangement will suit me down to the ground.
References in periodicals archive ?
A portion of each rent payment gradually builds your down payment. When $150 of each month's rent goes toward the down payment, in two years you'll have accumulated a $3,600 down payment.
Obviously, it would be better for home buyers to make a down payment of 20% or more and have several months of cash reserves when they purchase a home.
The analysis, which includes a 13-year forecast for median home prices in top 100 metros and different down payment savings plans, projects Generation Z will need to save the most to purchase a home inSan Jose, Calif.where they will need to save$1,962per month.
If you are going to purchase the property by getting a mortgage loan, then at least 25 per cent of the property value -- Dh250,000 -- should be borne as the down payment. Let us consider the interest rate as 3.3 per cent for the overall tenure of 25 years.
The average down payment percent in the top 10 most competitive metros is 16 percent, two points higher than the average down payment percent found across all the cities looked at in the study.
The December agreement stated that both parties agreed to reschedule and accelerate the full payment of Dennison's subscription in 340,000,000 common shares of PXP, at an aggregate subscription price of P4.03 billion, to not later than March 31; and for Dennison to pay the down payment on or before January 7.
The new Down Payment Protection Program offers homebuyers an optional insurance feature that can minimize market risk on the value of their home and safeguard some, or all, of their down payment.
By offering this Down Payment Protection Program, we will be able to provide our customers with added flexibility, control and confidence in their journey to homeownership."
At the same time, the down payment for them will be 10 percent for two-, three-, four-, five-story multi-apartment (two- and three-room) and one-storey two and three-room accessible dwelling houses located on land plots with an area of 0.02 hectares 25 percent for two-story four-room semi-detached accessible houses on land plots with an area of 0.04 hectares and single-storey three-, four- and five-room accessible dwelling houses on land plots with an area of 0.06 hectares.
The program will provide a grant of up to $15,000 per household toward a down payment to qualified veterans and other eligible applicants who are purchasing primary residences in Hudson County.
The two Google flagships are can be purchased from Airtel with down payments starting at Rs 10,599 for the 64GB variant of the Google Pixel 2.