What is another word for part payment?
Pronunciation: [pˈɑːt pˈe͡ɪmənt] (IPA) 
Part payment is a term used to describe the payment of only a portion of a debt or obligation. Synonyms for this term include partial payment, installment payment, and down payment. A partial payment refers to a payment made on a debt that is less than the full amount owed. This type of payment is often requested when a debtor is unable or unwilling to pay the full amount due at once. Installment payments are a series of payments made over time, often in regular intervals. A down payment refers to the initial payment made when purchasing a good or service, and may be followed by additional payments to complete the transaction.
