down payment
noun
: 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
One example cited by Pulte involved James helping her niece Shamice Thompson-Hairston with the down payment for a home in Norfolk, Virginia.
—
Ruth Marcus, New Yorker, 21 Sep. 2025
Making a 20% down payment helps in a number of ways.
—Ana Teresa Solá, CNBC, 20 Sep. 2025
And don’t forget the 20% down payment, which helps to lower monthly costs.
—Jonathan Lansner, Oc Register, 19 Sep. 2025
With savings and some family help, the millennial couple pieced together the roughly $110,000 needed for a down payment last summer on a three-bedroom Bridgeport home.
—Lizzie Kane, Boston Herald, 19 Sep. 2025
See All Example Sentences for down payment
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Ruth Marcus, New Yorker, 21 Sep. 2025
Making a 20% down payment helps in a number of ways.
—Ana Teresa Solá, CNBC, 20 Sep. 2025
And don’t forget the 20% down payment, which helps to lower monthly costs.
—Jonathan Lansner, Oc Register, 19 Sep. 2025
With savings and some family help, the millennial couple pieced together the roughly $110,000 needed for a down payment last summer on a three-bedroom Bridgeport home.
—Lizzie Kane, Boston Herald, 19 Sep. 2025
See All Example Sentences for down payment
Cite this Entry
“Down payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/down%20payment. Accessed 30 Sep. 2025.
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