Cash down Definition 1 of 1Pro Tip 1/3Immediate Payment Indicates payment is made in full at the purchase moment without delay. She insisted on cash down for the vintage car to close the deal instantly. Pro Tip 2/3No Credit Means no borrowing or installment plans are involved, unlike credit card purchases. The store offers appliances at a discount if you pay cash down. Pro Tip 3/3Colloquial Usage Common in everyday conversation rather than in formal writing or speech. John prefers buying cash down; he says it's simpler that way.