What is the difference between deposit and down payment?

搜尋自英語 {1} 教師……

Ei Ei shwe zin

2023年7月7日 08:55

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.

2023年7月7日

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