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What is another word for down payment?

Pronunciation: [dˌa͡ʊn pˈe͡ɪmənt] (IPA)

A down payment is an initial payment made towards the purchase of a product or service. There are many different words that can be used as synonyms for "down payment". Some common synonyms for "down payment" include deposit, advance payment, upfront payment, initial payment, partial payment, and retention payment. A deposit is an amount of money paid as a guarantee or security for the purchase of a product or service. An advance payment is a payment made before receiving the product or service. An upfront payment is a payment made at the beginning of the transaction. An initial payment is the first payment made towards a purchase. A partial payment is a payment made towards the total cost of the product or service. A retention payment is a payment made to hold something in reserve.
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Synonyms for Down payment:

What are the hypernyms for Down payment?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Down payment?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

  • hyponyms for down payment (as nouns)

Famous quotes with Down payment

  • This country owes them all a debt of gratitude. The down payment on that debt is making sure that we live up to Lincoln's charge: to care for him who shall have borne the battle, and for his widow, and his orphan.
    David Obey
  • The time to save is now. When a dog gets a bone, he doesn't go out and make a down payment on a bigger bone. He buries the one he's got.
    Will Rogers
  • To me, the excitement is in ordering a fine shotgun, going through the process that everybody who has bought one has gone through for 100 years. You order it, you make a significant down payment, and then you wait three or four years for the gun to be custom-made for you.
    Tom Selleck
  • Well I am afraid that I am going to die, because I have just put a down payment on a house.
    David Thewlis
  • We will always make mistakes. The question we need to ask is: " Do our mistakes lead to defeat or are they a down payment toward success?" Learning from our mistakes is the best investment we can make in achieving maximum success
    Bob Reish

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