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World English Dictionary
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down payment
down pay·ment
(
plural
down pay·ments
)
noun
Definition:
part payment made when buying:
a part of the full price of something paid at the time it is bought, with the remaining part to be paid later
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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