down-payments

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Definitions from WordNet

Noun down-payment has 1 sense

down payment, deposit - a partial payment made at the time of purchase; the balance to be paid later
--₁ is a kind of payment
--₁ has particulars: margin, security deposit

Definitions from the Web

Down-Payments

Description:

Down-payments refer to the initial payments made by a buyer or borrower when purchasing a product or property. These payments serve as a portion of the total purchase price and are usually made upfront at the time of purchase.

Sample Sentences:

As a noun:

The down-payment for the house was quite substantial, but it was worth it.
Please ensure you have enough funds for the down-payment before finalizing the car purchase.

As a verb:

To secure the apartment, she had to down-payment a significant amount.
He down-paymented the electronics with cash instead of using a credit card.

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