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Down payment
noun
Definitions
Noun
- 1 A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.
- 2 a partial payment made at the time of purchase; the balance to be paid later wordnet
- 3 Any initial commitment signifying an intention to carry out a larger future commitment, even though no legal rights or obligations are secured. broadly
"Her parents considered her school tuition a down payment on her future."
See also for "down payment"
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