down payment

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down payment

the deposit paid on an item purchased on hire-purchase, mortgage, etc.
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
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Aiming to provide small and medium enterprises a practical vehicle that can help transport supplies without compromising the quality of delivery and condition of the cargo, this truck is made available at PhP 58,000 all-in low downpayment. Body configurations include dropside, and MPV that makes it capable of carrying a total of 14 passengers with its bench-type seats.
Under the deal, Dennison should settle its downpayment on or before Jan.
'Dennison shall also pay a downpayment equivalent to 1 percent of the total subscription price on or before Jan.
In this regard, the Ministry said it believes it is necessary to introduce mechanisms to support farmers willing to lease farm machinery by cutting the minimum downpayment to 7-10%.
Flatrock 3, LLC, the community's sponsor, has created a 90 percent financing package that minimizes the downpayment to less than 20 percent.
With the trend toward stretching out maturities as far as possible, and with no plans for private insurance protection, it would appear that the downpayment musk for the average loan, provide the principal cushion for these unpredictable risks.
Borrowers making a downpayment of 20-30 per cent will pay a margin of 1.30 per cent, 1.60 per cent and 2.65 per cent respectively.
NAA/NMHC are opposing efforts to overturn the recent Congressional ban of so-called "charity" downpayment assistance schemes.
He sold them Nelson's Column for pounds 6,000, Big Ben for a pounds 1,000 downpayment and Buckingham Palace for a pounds 2,000 downpayment.
Sunderland - who will make a pounds 6m downpayment with the rest in add-ons - are confident of pipping strong late interest from Villa, as well as hoping to snatch Mido from Spurs.
The workers, most of them care staff and cleaners, are getting a pounds 1,000 downpayment as a goodwill gesture until personnel experts sort out their proper pay grade.
A gift to this type of trust is generally combined with the grantor selling some of the S stock to the trust in return for a downpayment and a note.