Get Initial payment for a purchase Crossword Clue Puzzle Answer May 25, 2024
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Updated May 25, 2024
Initial payment for a purchase Crossword Clue Daily Mail Quick Answer
Still grappling with the Daily Mail Quick Crossword, particularly stumped by the clues? Fear not! We've got all the answers you need to crack the puzzle, starting with "Initial payment for a purchase."
Answer Explanation
The answer for the clue Initial payment for a purchase is "DEPOSIT". A "deposit" refers to an upfront payment made by a buyer as part of a larger transaction. It serves as a commitment from the buyer to the seller, indicating their serious intention to proceed with the purchase.
Typically, deposits are required in situations where the seller needs assurance that the buyer will follow through with the agreement. This initial payment is often a percentage of the total purchase price and is held in escrow until the transaction is completed.
Other Daily Mail Quick Crossword Answers May 25, 2024
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