DOWN PAYMENT


Meaning of DOWN PAYMENT in English

1. an initial amount paid at the time of purchase, in installment buying, time sales, etc.

2. any initial or partial payment, gift, favor, or recompense, as to reduce one's indebtedness or express one's obligation or gratitude: This gift is just a down payment for all the favors I owe you.

Also, down-payment .

[ 1925-30 ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .