Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A partial payment made at the time of purchase, with the balance to be paid later.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun law A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.
- 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.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a partial payment made at the time of purchase; the balance to be paid later
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word down payment.
Examples
Sorry, no example sentences found.
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.