• an amount of money that you pay at the time that you buy something but is only a part of the total cost of that thing. You usually pay the rest of the cost over a period of time:


    Down payments meaning & definition 1 of Down payments.


  • A down payment is a sum of money that a buyer pays in the early stages of purchasing an expensive good or service. The down payment represents a portion of the total purchase price, and the buyer will often take out a loan to finance the remainder.

    Down payments meaning & definition 2 of Down payments.

Similar Words

What is Define Dictionary Meaning?

Define Dictionary Meaning is an easy to use platform where anyone can create and share short informal definition of any word.
Best thing is, its free and you can even contribute without creating an account.



This page shows you usage and meanings of Down payments around the world.