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 down payment amount is not listed. Justin Wingerter, Denver Post, 16 Mar. 2026 The measurement assumes the buyer has a 20% down payment, which in this case would be $80,360. Sarah Agostino, CNBC, 13 Mar. 2026 Still, many savers may have a ways to go before their accounts grow enough to fund a home down payment. Alex Veiga, Los Angeles Times, 13 Mar. 2026 Prosecutors say Rivera got an initial down payment of $5 million. Noah Shachtman, Vanity Fair, 10 Mar. 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

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Cite this Entry

“Down payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/down%20payment. Accessed 17 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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