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How to pronounce “down payment”
Hear “down payment” in real YouTube speech, then study definitions and example sentence snippets.
Pronunciation guide for down payment
- Learning goal
- Practice the English pronunciation of down payment with real speech in context.
- Available examples
- 0 YouTube examples
- Definition summary
- (law, finance) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.
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A Deep Dive Into “down payment”
Meaning
- [Noun]
- (law, finance) A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.
- (by extension) Any initial commitment signifying an intention to carry out a larger future commitment, even though no legal rights or obligations are secured.
Practice Nearby Words
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Similar Sounds
downpayment, down payment, denoument, nonpayment, deponent, denotement, tenement, dominant, deployment, diamant, debasement, denominate, debatement, delayment, dinmont, disponent