Downpayment

Word DOWNPAYMENT
Character 11
Hyphenation N/A
Pronunciations N/A

Definitions and meanings of "Downpayment"

What do we mean by downpayment?

A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.

(by extension) Any initial commitment signifying an intention to carry out a larger future commitment, even though no legal rights or obligations are secured.

Synonyms and Antonyms for Downpayment

  • Synonyms for downpayment
  • Downpayment synonyms not found!!!
  • Antonyms for downpayment
  • Downpayment antonyms not found!

The word "downpayment" in example sentences

Bush: Many people are able to afford a monthly mortgage payment but are unable to make the downpayment, and so this legislation will authorize $200 million per year in downpayment assistance to at least 40,000 low - income families. ❋ Unknown (2010)

A downpayment is the borrower's money acquired through careful financial planning and saving, gifts from family members, or from the profits gained at the sale of a previous home. ❋ Unknown (2010)

The school's headmaster says its success, a 100 percent pass rate and the government's emphasis on affirmative action at every level of society, has led to private sector scholarships, a kind of downpayment on well trained future black employees. ❋ Unknown (2001)

Obama defended the cuts in his budget proposal, referring to them as a "downpayment," a word he and others serving in his administration have used in recent days. ❋ Unknown (2011)

A fabulous bounty from the Bernard Madoff charitable foundation included a stunning WMD intelligence dossier advance 'downpayment'. ❋ Unknown (2010)

But he said while the Lib Dems did not have the "full answer" they had been open about the first £10 billion "downpayment" that would be made to tackle the deficit. ❋ Unknown (2010)

Big news for urban planners and mass-transit fans: Tonight, President Obama will announce an $8 billion "downpayment" to build high-speed rail linkages in 13 areas, across 30 states. ❋ Unknown (2010)

$634 Billion ($634,000.000.000) which is a "downpayment" on Nationalized healthcare which we are now hearing will cost this nation $2,000,000,000,000 plus over the coming years by the CBO. ❋ Unknown (2009)

Eight billion dollars are provided for high-speed rail links under the stimulus plan as well as one billion dollars a year for five years in the federal budget as a "downpayment" on a new service. ❋ Unknown (2009)

The 10-year, $634 "downpayment" on health care reform includes: ❋ Unknown (2009)

They're calling it a "downpayment" and a reward for employees who have stuck it out at the firm. ❋ Unknown (2009)

Obama has staked quite a bit of his administration on making a "downpayment" on a government takeover of the healthcare system. ❋ Unknown (2009)

In working to ensure that President Obama's $634 billion health care "downpayment" is spent effectively, we must remember that because companies are already shouldering the cost of these wellness programs, relatively little new money is needed to make them more effective and provide performance incentives. ❋ Unknown (2009)

The promise of extra soldiers for the election period was accompanied by pledges of 300 police trainers and 70 army mentoring teams, plus $500 million more to increase reconstruction projects in Afghanistan and a $100 million "downpayment" on a $2 billion NATO trust fund to equip the Afghan army. ❋ Unknown (2009)

Cross Reference for Downpayment

  • Downpayment cross reference not found!

What does downpayment mean?

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