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TeachMeFinance.com - explain down payment down payment The term 'down payment' as it applies to the area of basic math can be defined as 'a portion of the full amount paid at the time of purchase or delivery'. Previous 5 Terms: double tide double-blind study douc douroucouli dowitcher Next 5 Terms: Downburst Downcode Downconvert Downdraft downdrift About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.