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down payment

Word family 
Related topics: Finance
ˌdown ˈpayment noun [countableC]  
BFa payment you make when you buy something that is only part of the full price, with the rest to be paid later 〔分期付款购物的〕首付款，首期付款，头款，订金
 We’ve almost got enough money to make a down payment on a house.
我们差不多有足够的钱支付买房的首付了。
Examples from the Corpus
down payment• With a $ 10,000 down payment, the mortgage loan is $ 90,000.• For Gianjin Hu and his family, it took nearly five years to save enough money for a down payment.• Would it be wiser to use a more conventional vehicle for a down payment?• Lenders typically require a higher down payment and may charge other fees.• The Military Assistance Program of 1949 was, obviously, only a small down payment on a large long-term investment.
From Longman Business Dictionary
down paymentˌdown ˈpayment [countableC]FINANCE
the first payment made in the repayment of a large debt, such as a mortgage
The mortgage company reduced to 5% the minimum down payment that first-time homebuyers must make.
Unsecured creditors should agree to accept a down payment of around 35p in the pound.
→ payment
ˌdown ˈpayment noun
Chinese
Syllable
Corpus

See also: down payment

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down payment
Miscellaneous payments: payment, advance, premium...

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