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TOPIK 5noun

중도금

jungdogeum

중도금이 · 중도금을

interim payment, middle installment (in a real estate or large purchase deal)

Example

다음 달 말까지 아파트 중도금을 내야 해요.

I have to make the interim payment on the apartment by the end of next month.

Word parts

중 middle도 way금 money

Literally 'money paid midway' — between the down payment and the final balance.

Good to know

Korean home purchases usually go 계약금 → 중도금 → 잔금, in that order.