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English definition of “pay sth down”

pay sth down

phrasal verb with pay
 
 
/peɪ/ verb (paid, paid)
COMMERCE to pay a part of the total cost of something when you buy it. The rest of the cost is usually paid over a period of time: You can pay £500 down on the car now, and then pay £100 a month. →  Compare down payment
(Definition of pay sth down from the Cambridge Business English Dictionary © Cambridge University Press)
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