Adown payment is the amount that being paid first at the beginning of anybusinesstransaction and settle the remainingpayment through installments. This payment is made so that thebuyer orcustomer can own thegoods being sold or for the case of ordering in afactory (for highly-customized goods), the goods can be put into theproduction line and start to be produced first.[1]
How much a customer needs to pay for the down payment is different in eachcountry and each business type. The amount of down payment and the remaining payment are usually agreed upon at the time of making the purchase or order..
