Definition of Down payment

1. Noun. A partial payment made at the time of purchase; the balance to be paid later.

Exact synonyms: Deposit
Generic synonyms: Payment
Specialized synonyms: Margin, Security Deposit

Definition of Down payment

1. Noun. (legal) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase. ¹

2. Noun. By extension, any initial commitment signifying an intention to carry out a larger future commitment, even though no legal rights or obligations are secured. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Down Payment

down bow
down bows
down bubble
down cellar
down feather
down for the count
down in the dumps
down in the heel
down in the heels
down in the mouth
down line
down on one's luck
down pat
down pat(p)
down payment (current term)
down payments
down promoter mutation
down quark
down quarks
down start
down style
down syndrome
down tack
down the banks
down the drain
down the hatch
down the line
down the road
down the road, not across the street

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