DOWN PAYMENT Definition

Bookmark and Share

DOWN PAYMENT is a partial payment made at the time of purchase; the balance to be paid later as stipulated by contract; written or oral.

Learn new Accounting Terms

MULTIPLIER is a. the investment multiplier which quantifies the overall effects of investment spending on total income; or, b. the deposit multiplier which shows the effects of a change in bank deposits on the total amount of outstanding credit and the money supply.

PPV is Purchase Price Variance.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.