This is a limited preview — please sign in or subscribe to learn everything we know about the term “down payment”.

down payment

noun

Definitions of down payment

  • the first payment made towards the cost of something for which you are paying in instalments (=when you buy something by making two or more payments spread over an agreed period of time)

    "We've put down the down payment on our new car."

Phrase Bank for down payment

Additional Notes for down payment

Discounts for lawyers and law firms

Save time and money for you and your clients with our unique knowledge base.

Learn more

Improve your Legal English skills

Try the sample and preorder our digital coursebook, the English for Law at a big discount!

Try the sample unit!
TransLegal