down payment
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down payment
A partial amount of the total price that is paid immediately when a contract is concluded or a purchase is made. The remaining amount is due at a later point in time.
Für das Auto mussten wir eine Anzahlung von 5.000 Euro leisten.
We had to make a down payment of 5,000 euros for the car.
'Die Anzahlung' (the down payment) is the nominalized form of the separable verb 'anzahlen' (to make a down payment). This means to pay the first part of a sum.
Wir müssen die Küche erst anzahlen, bevor sie geliefert wird.
We have to make a down payment on the kitchen before it is delivered.
In connection with 'Anzahlung' (down payment), the verbs 'leisten' (to make/pay, more formal) or 'machen' (to make) are often used.
Der Käufer hat eine hohe Anzahlung geleistet.
The buyer made a large down payment.
You make a down payment 'für' (for) or 'auf' (on/toward) something. The amount of the down payment is indicated with 'von' (of).
Wir haben eine Anzahlung von 10 % auf das neue Sofa geleistet.
We made a down payment of 10% on the new sofa.
installment / rate
'Rate' and 'Anzahlung' can both be partial payments of a larger price. The difference is in the timing and the function. An 'Anzahlung' is paid at the beginning, often directly when buying something or signing a contract. It shows that you are serious about the purchase, and the rest comes later. A 'Rate' is a regular installment that you pay over a longer period of time, for example every month. The words can be confused because neither is the whole price. Memory tip: The 'Anzahlung' comes first; the 'Raten' come regularly afterward.
Beim Kauf der Küche musst du heute eine Anzahlung leisten.
When buying the kitchen, you have to make a down payment today.
Für das neue Fahrrad zahlt er jeden Monat eine kleine Rate.
He pays a small installment every month for the new bicycle.