Longman Dictionary of Contemporary English homepage

Topic: FINANCE

down payment

 noun
     
down payment [countable]
BF a payment you make when you buy something that is only part of the full price, with the rest to be paid later:
We've almost got enough money to make a down payment on a house.
Definition of down payment from the Longman Dictionary of Contemporary English within
the topic FINANCE

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accountant accounting appropriate asset audit auditor balance sheet bond cash flow compensate compound controller cost CPA credit(n) credit(v) due earn economic equity failure figure finance financier FY gross holding inheritance injection invest investment investor leverage mature maturity net(a) net(v) non-payment option portfolio principal proceeds property purse p.w. real receiver rent rental resource return(v) return(n) revenue ruin saving speculation squeeze term total transfer trust weak

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