substantial payment
[/səbˈstænʃəl ˈpeɪmənt/]
nounpl: substantial payments
pagamento substancial
1. A significant or considerable sum of money paid as part of a financial transaction, debt settlement, or contractual obligation
The company made a substantial payment of $500,000 towards the settlement agreement.
A empresa efetuou um pagamento substancial de R$ 2,5 milhões para o acordo de liquidação.
2. A down payment or advance payment that represents a meaningful portion of the total amount owed
A substantial payment was required upfront before the delivery of goods.
Um pagamento substancial foi exigido antecipadamente antes da entrega dos produtos.
In Brazil, substantial payments are often negotiated in commercial and real estate transactions. The concept is particularly important in installment-based purchase agreements (parcelado) where a substantial down payment demonstrates financial commitment. In the USA, substantial payments are crucial in contract law and often trigger specific legal obligations or warranties.
Related Idioms & Phrases
put down substantial payment
make a substantial payment towards something
require a substantial payment
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