nothing down - Definition & Meaning

not needing to pay anything upfront or to make a depositnot needing to pay anything upfront or to make a deposit

The Phrase "nothing down" is closely associated with the world of real estate and property transactions. It became popular during the mid-20th century in the United States, particularly during the housing boom of the 1950s and 1960s. This idiom is used to describe a financial arrangement in which no initial payment or down payment is required.The Phrase "nothing down" is closely associated with the world of real estate and property transactions. It became popular during the mid-20th century in the United States, particularly during the housing boom of the 1950s and 1960s. This idiom is used to describe a financial arrangement in which no initial payment or down payment is required.

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