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Down payment

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. A loan of some sort is then required to finance the remainder of the payment.

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Overview

Amounts

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Down payment

Nodes16
Edges15
Triples19
Avg. degree1.88
Density0.125
Components1

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Down payment

Top relations

related to Amounts · 18
Down payment → Currently, Department, Down Payment Assistance, DPA, FHA, Homebuyer, In, Most, Some, State, The Federal Housing Administration, The USDA Home Loan, There, Therefore, These, United States, Veterans Affairs, With

Important terminology Word statistics

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Important terminology

payment loan lender borrower home amount collateral assistance purchase time also programs enough money recover balance event asset default value

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
a car or a houseinstance ofis an initial up-front partial payment for the purchase of expensive goods or services0.80text
Down paymentrelated to AmountsIn0.60section
Down paymentrelated to AmountsUnited States0.60section
Down paymentrelated to AmountsThe Federal Housing Administration0.60section
Down paymentrelated to AmountsFHA0.60section
Down paymentrelated to AmountsWith0.60section
Down paymentrelated to AmountsCurrently0.60section
Down paymentrelated to AmountsDepartment0.60section
Down paymentrelated to AmountsVeterans Affairs0.60section
Down paymentrelated to AmountsThe USDA Home Loan0.60section
Down paymentrelated to AmountsThese0.60section
Down paymentrelated to AmountsMost0.60section

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