down payment

down payment
a partial payment made at the time of purchase; the balance to be paid later
Syn: ↑deposit
Hypernyms: ↑payment
Hyponyms: ↑margin, ↑security deposit

* * *

noun, pl ⋯ -ments [count]
: a first payment that you make when you buy something with an agreement to pay the rest later

She made a 10 percent down payment on the car.

We put/made a down payment on the house.

* * *

ˌdown ˈpayment 7 [down payment down payments] noun
a sum of money that is given as the first part of a larger payment

We are saving for a down payment on a house.

Moving house
live in a rented/(especially NAmE) rental property
rent/share/move into a furnished house/(BrE) flat/(especially NAmE) apartment
rent a studio/(BrE) a studio flat/(especially NAmE) a studio apartment/(BrE) a bedsit
find/get a housemate/(BrE) a flatmate/(NAmE) a roommate
sign/break the lease/rental agreement/contract
extend/renew/terminate the lease/(BrE) tenancy
afford/pay the rent/the bills/(NAmE) the utilities
(especially BrE) fall behind with/ (especially NAmE) fall behind on the rent
pay/lose/return a damage deposit/(NAmE) security deposit
give/receive a month's/two-weeks' notice to leave/vacate the property
Being a landlord
have a flat/apartment/room (BrE) to let/(especially NAmE) for rent
rent (out)/lease (out)/ (BrE) let (out)/sublet a flat/apartment/house/property
collect/increase/raise the rent
evict the existing tenants
attract/find new/prospective tenants
invest in rental property/(BrE) property to let/(BrE) the buy-to-let market
buy/acquire/purchase a house/(a) property/(especially NAmE) (a piece of) prime real estate
call/contact/use (BrE) an estate agent/(NAmE) a Realtor™/(NAmE) a real estate agent/broker
make/ (BrE) put in an offer on a house
put down/save for (BrE) a deposit on a house
make/put/save for (especially NAmE) a down payment on a house/home
apply for/arrange/take out a mortgage/home loan
(struggle to) pay the mortgage
make/meet/keep up/cover the monthly mortgage payments/(BrE also) repayments
(BrE) repossess/ (especially NAmE) foreclose on sb's home/house
put your house/property on the market/up for sale/up for auction
increase/lower your price/the asking price
have/hold/hand over the deed/(especially BrE) deeds of/to the house, land, etc.

Useful english dictionary. 2012.

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Look at other dictionaries:

  • Down payment — (or downpayment) is a payment used in the context of the purchase of expensive items such as a car and a house, whereby the payment is the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing… …   Wikipedia

  • Down payment — ist ein englischer Begriff für Vorauszahlung oder Anzahlung. Er wird im Zusammenhang mit Kaufverträgen, Lizenzverträgen oder Franchiseverträgen für die erste Zahlungsrate (ggf. auch die ersten Raten) verwendet. Bei Kaufverträgen, die mit… …   Deutsch Wikipedia

  • down payment — ➔ payment * * * down payment UK US noun [C] ► COMMERCE a payment of part of the total cost of something that you make when you buy it. The rest of the cost is usually paid over a period of time: make/put a down payment on sth »I ve put a down… …   Financial and business terms

  • down payment — I noun collateral, deposit, installment, payment, retainer, stake, surety II index deposit, handsel, installment Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • down payment — down payments also downpayment N COUNT If you make a down payment on something, you pay only a percentage of the total cost when you buy it. You then finish paying for it later, usually by paying a certain amount every month. If you re borrowing… …   English dictionary

  • down payment — n a payment you make when you buy something that is only part of the full price, with the rest to be paid later ▪ We ve almost got enough money to make a down payment on a house …   Dictionary of contemporary English

  • down payment — noun count a first payment that you make when you are buying something and are going to pay the rest later …   Usage of the words and phrases in modern English

  • down payment — ► NOUN ▪ an initial payment made when buying on credit …   English terms dictionary

  • down payment — ☆ down payment n. an initial, partial payment on a purchase …   English World dictionary

  • down payment — n. 1) to make a down payment 2) a down payment on * * * a down payment on to make a down payment …   Combinatory dictionary

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