Down payment
Down payment
Uncommon
Rarity: Uncommon
A topic a little better known than average, read and translated beyond its own country.
Rarity follows how well known the article is: its views on the French and English Wikipedia over a year, and the number of languages it exists in.
At a glance
- Class
- Notion
- Domain
- Science and technology
- In collections
- Nobody has pulled it yet.
What Wikipedia says
In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction.
Excerpt from the Wikipedia article “Down payment”, under the CC BY-SA 4.0 license. Read the article on Wikipedia
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