How do I download an app from the Mac App Store but not install it yet?

How do I download an app from the Mac App Store but not install it yet?
Can I simply download it and not install?
What if the App gets updated before I download it?
Why? Well, I am very busy and wish to install at my leisure even though I have purchased the App (required at a specific day in the month in order to appear on my business accounts).
Thanks.

There is a difference in what Kappy stated and what you stated. A major paid upgrade (v2.x to v3.0), yes, costs money, as it would in any other delivery stream. Updates (v3.0 to v3.1) to a a major version are free.
Most apps sold through the Mac App Store (MAS) are the type that use the simple drag & drop installation. Those are downloaded directly to the designated apps folder and installation is done. Large pro-type apps download an installer to your Apps folder. Those you can install at your leisure. The MAS does not have a lot of apps using this type of installation.
Be sure to always backup your MAS purchases, because there is no guarantee that the app will always be available for download in the future and it is your responsibility to archive copies.

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