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Pronounce Down payment as D OW W N P AH Y M EH N T.
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Continue readinga deposit of money made as a first installment toward the whole purchase price
down payment, deposit(noun)a partial payment made at the time of purchase; the balance to be paid later
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1. The woman used her bounteous tax return to make a sizable down payment on a new car.
2. Even if you don’t have all the money for an expensive purchase, you can make a down payment of about 15% of the total cost and pay off the rest later.
3. While Patti was thrilled when she first saw the house that Robert had put a down payment on, her reaction swiftly changed when she realized that her in-laws lived in the adjacent house.
4. Matilda put her down payment of $500 for her first car at the dealership and drove her new car off the lof planning on paying the rest in monthly installments.
5. After Becky told him she would never live in such a grotesque house for even a minute, Simon wondered how he was going to tell her he had already put a down payment on the fixer-upper.
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