Both Uses of
down payment
in
Fearless
- After three years of frugal living, they had scraped together the down payment on a thirty-thousand-dollar starter house in a subdivision two hundred yards from Lake Hamilton.†
p. 12.6 *down payment = a partial payment made at the time of purchase
- Still, with two kids, three maxed-out credit cards, a car payment, and life and auto insurance, they had managed to save twenty-five hundred dollars for a down payment on a house of their own.†
p. 179.4
Definition:
a partial payment made at the time of purchase (the rest to be paid later)