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Ei Ei shwe zin
What is the difference between deposit and down payment?
Jul 7, 2023 8:55 AM
Answers · 3
1
Both are a first payment made to secure purchase, for example on a house
Down payment is more American English.
Deposit is more British English.
Of course, 'deposit' has other meanings and uses in addition to this one.
July 7, 2023
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Ei Ei shwe zin
Language Skills
Burmese, English
Learning Language
English
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