initial instalment
Frequency: 6.58.2 per million words
the first payment made at the beginning of a payment plan
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Examples (10)
- The buyer made an initial instalment of £500 to secure the car.
- Her business plan required a significant initial instalment for equipment.
- They decided to pay a larger initial instalment to reduce their monthly payments.
- The contract states that the initial instalment is due upon signing.
- We could only afford a small initial instalment for the new apartment.
- Before construction began, an initial instalment was paid to the contractor.
- The loan agreement specifies the amount of the initial instalment.
- If you pay a higher initial instalment, your interest will be less overall.
- The company offers flexible payment terms, starting with a low initial instalment.
- Making the initial instalment felt like a big step towards ownership.