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downpayment - 1 dictionary result
down payment
–noun
| 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.
Origin:
1925–30
1925–30

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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