单词 | down payment |
释义 | down payment down payment noun [C]
(Commerce ) an amount of money that is given as the first part of a larger payment when you buy sth over a period of time or invest in sth: saving money for a down payment on a house The company has made a €30 million down payment on developing the new drug. With a 20% down payment we can provide 36-month financing (= the rest of the money can be paid back over 36 months) at 10% interest. SYN DEPOSIT ⇨ PAY verb |
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