| / English Dictionary |
DOWN PAYMENT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A partial payment made at the time of purchase; the balance to be paid later
Synonyms:
deposit; down payment
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("down payment" is a kind of...):
payment (a sum of money paid or a claim discharged)
Hyponyms (each of the following is a kind of "down payment"):
margin; security deposit (the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities)
Context examples:
Most of the month, the Sun will be transiting your fourth house of home, so your family may help you with a down payment on a new house or condo, or you may be thinking of renovating your present home and talk to contractors and designers.
(AstrologyZone.com, by Susan Miller)
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