Home · RATIOXA GLOSSARY
Down payment
Part of the purchase price paid from own liquid funds rather than debt.
Simple definition
Part of the purchase price paid from own liquid funds rather than debt.
Why it matters
This term changes how inputs, cash flows or results should be interpreted. RATIOXA keeps it explicit so two options are compared on the same basis.
Worked example
A 20% down payment on €400,000 is €80,000 before acquisition costs.