down payment

down payment
I noun collateral, deposit, installment, payment, retainer, stake, surety II index deposit, handsel, installment

Burton's Legal Thesaurus. . 2006

down payment
A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.
Category: Personal Finance & Retirement
Category: Real Estate & Rental Property → Buying a House

Nolo’s Plain-English Law Dictionary. . 2009.

down payment
A percentage of the total purchase price of an item that is proffered when the item is bought on credit.

Dictionary from West's Encyclopedia of American Law. 2005.

down payment
A percentage of the total purchase price of an item that is proffered when the item is bought on credit.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Down payment — (or downpayment) is a payment used in the context of the purchase of expensive items such as a car and a house, whereby the payment is the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing… …   Wikipedia

  • Down payment — ist ein englischer Begriff für Vorauszahlung oder Anzahlung. Er wird im Zusammenhang mit Kaufverträgen, Lizenzverträgen oder Franchiseverträgen für die erste Zahlungsrate (ggf. auch die ersten Raten) verwendet. Bei Kaufverträgen, die mit… …   Deutsch Wikipedia

  • down payment — ➔ payment * * * down payment UK US noun [C] ► COMMERCE a payment of part of the total cost of something that you make when you buy it. The rest of the cost is usually paid over a period of time: make/put a down payment on sth »I ve put a down… …   Financial and business terms

  • down payment — down payments also downpayment N COUNT 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. If you re borrowing… …   English dictionary

  • down payment — n a payment you make when you buy something that is only part of the full price, with the rest to be paid later ▪ We ve almost got enough money to make a down payment on a house …   Dictionary of contemporary English

  • down payment — noun count a first payment that you make when you are buying something and are going to pay the rest later …   Usage of the words and phrases in modern English

  • down payment — ► NOUN ▪ an initial payment made when buying on credit …   English terms dictionary

  • down payment — ☆ down payment n. an initial, partial payment on a purchase …   English World dictionary

  • down payment — noun a partial payment made at the time of purchase; the balance to be paid later • Syn: ↑deposit • Hypernyms: ↑payment • Hyponyms: ↑margin, ↑security deposit * * * noun, pl ⋯ ments [count] …   Useful english dictionary

  • down payment — n. 1) to make a down payment 2) a down payment on * * * a down payment on to make a down payment …   Combinatory dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”