CEFR B1

initial payment

noun phrase

Meaning

The first amount of money paid when buying something or entering into a contract, often followed by further installments.

Examples

The car dealership requires an initial payment of $2,000 before you can drive the car off the lot.
For the new software, the company requested an initial payment of 50% of the total cost.

Synonyms: deposit, down payment, advance payment, earnest money

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initial payment (B1)

noun phrase

Pronunciation: /ɪˈnɪʃəl ˈpeɪmənt/

Definition

The first amount of money paid when buying something or entering into a contract, often followed by further installments.

Examples

The car dealership requires an initial payment of $2,000 before you can drive the car off the lot.
For the new software, the company requested an initial payment of 50% of the total cost.
When you sign up for the gym membership, there's a small initial payment to cover the setup fee.

How to Use initial payment

initial payment for (prepositional phrase): The first amount paid for a specific item or service. — "The initial payment for the course includes all materials."
initial payment on (prepositional phrase): The first amount paid towards a larger purchase or debt. — "We made an initial payment on the house last week."

Synonyms of initial payment

Words with a similar meaning to initial payment:

Antonyms of initial payment

Words with the opposite meaning to initial payment:

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