Down payment in older documents also indication, Akontierung and Pränumeration (prepayment, pay on account, cash down, downpayment)
Unless otherwise defined, this is understood to mean – a customary and therefore agreed or – of its own accord, voluntarily – made in advance – payment within the framework of a contractual relationship; see also §§ 336 et seq. BGB. – See deposit, down payment guarantee, cash payment, payment procedure, innovative, bullet payment, claim, close-out, sight, sborso, transfer, conditional, remittance, advance payment, advance payment, payment representation, payment by halber
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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