Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A partial payment made at the time of purchase, with the balance to be paid later.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.
  • n. 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.

  • n. a partial payment made at the time of purchase; the balance to be paid later

Etymologies

Sorry, no etymologies found.

Examples

  • IN 1955, while other people were worried about the Cold War and were building air raid shelters, Mira and Norm were worried about the down payment on a small house they wanted to buy in Meyersville.

    The Women’s Room

  • “The five-hundred-dollar down payment has been added to the full cost of the braces and divided into thirty-five-dollar-a-month payments,” she said, running the pencil along the sheet.

    Change Me Into Zeus’s Daughter

  • First the down payment on two quai loh dancing dresses for Third Granddaughter in return for half her earnings in the first year.

    Noble House

  • Their so-called agency problem as well as that of Fannie Mae and Freddie Mac is just economic jargon for bad incentives to provide investors with a little packaged truth about real economic riskrisk that was historically recognized in the sizable down payment requirements.

    Creative Capitalism

  • "If I go through with the Struan deal he'll be using my cash down payment to get off the Toda and Orlin hooks — if his bank doesn't extend his credit."

    Noble House

  • And Sweringen reportedly often demanded a down payment of 40-60% of the price of the aircraft.

    Strategic Management in Developing Countries Case Studies

  • For you, the low down payment and the no-monthly-payment balloon provide you with access to a well-located investment property for a small initial investment and no negative cash flow for at least five years.

    Creating Wealth

  • "Of course, and Bruce and I really do understand that the Par-Con down payment will give you the financing to complete your ship transactions and make a partial Orlin payment."

    Noble House

  • It's called the Welcome Home Package, and it offers veterans the exact same health care they received during their time in the service, double the education benefit they receive now, and a $5,000 down payment on a home.

    Obama Remarks to the American Legion Legislative Rally

  • People who once would have rented little houses in their hometowns, now that rented houses were nearly extinct, bought houses in Meyersville for a $500 down payment and a 4½ percent VA mortgage.

    The Women’s Room

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