down payment

• Valor inicial pago no momento da compra de um bem de alto valor, como imóvel ou veículo, sendo o restante quitado em parcelas ou por financiamento.

An initial upfront payment made when purchasing something expensive, such as a house or car, with the remaining balance paid over time through installments or a loan.

1. Initial paymentB2formal

   A partial payment made at the time of purchase, with the balance to be paid later, often in installments.

   Entrada

   • We need to save enough for a down payment on a house.
   • The car dealer required a 20% down payment.
   • She made a large down payment to reduce her monthly mortgage.