Down Payment Definition

noun
An initial, partial payment on a purchase.
Webster's New World
By extension, any initial commitment signifying an intention to carry out a larger future commitment, even though no legal rights or obligations are secured.
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Synonyms:

Other Word Forms of Down Payment

Noun

Singular:
down payment
Plural:
down-payments

Down Payment Sentence Examples

  • Best of all, she could save a substantial amount of money for a down payment on her own place.

  • The couple hoped to accumulate enough money to make the down payment on a house.

  • Dad's old truck would take too much money to fix, and where would she get the money for a down payment on another - without depleting her savings?

  • For example, FHA loans require a smaller down payment.

  • Calculate how much you can afford in mortgage payments and be prepared to hand over a hefty down payment on the house you like.

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Words Starting With

DDODOW

Words Ending With

TNTENT

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down payment

Words Starting With D and Ending With T

Starts With D & Ends With TStarts With DO & Ends With TStarts With D & Ends With NT

Word Length

12 Letter Words12 Letter Words Starting With D12 Letter Words Ending With T