down payment

noun

Synonyms of down paymentnext
: a part of the full price paid at the time of purchase or delivery with the balance to be paid later
broadly : the first step in a process

Examples of down payment in a Sentence

She made a 10 percent down payment on the car. We put a down payment on the house.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The money from her work as a spray tanner goes towards travel and a down payment on a house. Matt Egan, CNN Money, 2 Mar. 2026 Nevertheless, Alice put a five-thousand-dollar down payment on a bond, and Friedmann was released that night. James Verini, New Yorker, 2 Mar. 2026 She is accused of using some of those funds to put a $150,000 down payment on a house in North Carolina and to pay for her wedding expenses. Howard Blume, Los Angeles Times, 1 Mar. 2026 But FourLeaf's no down payment options are much more limited than Alliant's. Kelsey Neubauer, CNBC, 28 Feb. 2026 See All Example Sentences for down payment

Word History

First Known Use

1854, in the meaning defined above

Time Traveler
The first known use of down payment was in 1854

Browse Nearby Words

Cite this Entry

“Down payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/down%20payment. Accessed 6 Mar. 2026.

Kids Definition

down payment

noun
: a part of the full price paid at the time of purchase or delivery with the remainder to be paid later

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Last Updated: - Updated example sentences
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