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ASHOK | 29 Aug 2011
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Category: Buying & Selling
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Down payment (or downpayment) is a payment used in the context of the purchase of expensive items such as a car  whereby the payment is the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing the transaction. A loan is then required to make the full payment. Thanks somnath.  For more details: Popular Small Cars In India

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