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What is another word for part payment?

Pronunciation: [pˈɑːt pˈe͡ɪmənt] (IPA)

Part payment is a term used to describe the payment of only a portion of a debt or obligation. Synonyms for this term include partial payment, installment payment, and down payment. A partial payment refers to a payment made on a debt that is less than the full amount owed. This type of payment is often requested when a debtor is unable or unwilling to pay the full amount due at once. Installment payments are a series of payments made over time, often in regular intervals. A down payment refers to the initial payment made when purchasing a good or service, and may be followed by additional payments to complete the transaction.
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Synonyms for Part payment:

What are the hypernyms for Part payment?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: part payment calculator, part payment interest, part payment loans, part payment agreement, part payment repayments, cost of part payments

Related questions:

  • Is it possible to pay a bill in parts?
  • What is the cost of paying a bill in parts?
  • How to calculate part payments?

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