Meaning of the word "down payment" in English
What does "down payment" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
down payment
US /ˈdaʊn ˌpeɪ.mənt/
UK /ˈdaʊn ˌpeɪ.mənt/

Noun
1.
an initial payment made when something is bought on credit
Example:
•
We made a down payment on the new car.
•
How much is the down payment for this house?
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