down payment (Meaning)
down payment (n)
a partial payment made at the time of purchase; the balance to be paid later
Synonyms & Antonyms of down payment
FAQs About the word down payment
a partial payment made at the time of purchase; the balance to be paid later
guarantee,deposit, guaranty, bail, warranty, earnest, bond, gage, pledge,security
No antonyms found.
The prospective house buyer struggled to gather the 20% down payment required for the mortgage.
She eagerly scrimped and saved every penny until she had enough money for the down payment on her dream car.
The company demanded a sizable down payment upfront before agreeing to start the project.
With careful budgeting, they managed to accumulate the necessary down payment for the new apartment.