part payment
noun[CorU]
FINANCEukus(alsopartial payment)apaymentthat is less than thewholeamountowed:
part payment for sthThecompanyreceived500,000sharesaspartpaymentfor thesaleofitstransportdivision.
We areunabletorepaythedebt, but haveofferedtomake apartialpayment.