Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun Alternative form of down payment.

Etymologies

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Examples

  • 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.

    Think Progress » Fifty-five years after Brown v. Board, Mississippi county schools ordered to stop school segregation. 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.

    Irvine Housing Blog 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.

    CNN Transcript Feb 18, 2001 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.

    NPR Topics: News 2011

  • 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.

    NPR Topics: News 2011

  • A fabulous bounty from the Bernard Madoff charitable foundation included a stunning WMD intelligence dossier advance 'downpayment'.

    TheSpoof.com : Spoof News : Front Page 2010

  • A fabulous bounty from the Bernard Madoff charitable foundation included a stunning WMD intelligence dossier advance 'downpayment'.

    TheSpoof.com : Spoof News : Front Page 2010

  • A fabulous bounty from the Bernard Madoff charitable foundation included a stunning WMD intelligence dossier advance 'downpayment'.

    TheSpoof.com : Spoof News : Front Page 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.

    The Independent - Frontpage RSS Feed 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.

    Megite Technology News: What's Happening Right Now 2010

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