Down payment and Payoff

Down payment noun - A partial payment made at the time of purchase; the balance to be paid later.

Payoff and down payment are semantically related. in monthly payment topic. In some cases you can use "Payoff" instead a noun phrase "Down payment".

Payoff noun - The amount of money left when expenses are subtracted from the total amount received.

Down payment and payoff are semantically related. Sometimes you can use "Down payment" instead a noun "Payoff".