down payment

Definition of down paymentnext
as in deposit
a first payment that you make when you buy something with an agreement to pay the rest later She made a 10 percent down payment on the car. We put a down payment on the house.

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Example Sentences

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.
Recent Examples of down payment Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more. Jason Stauffer, CNBC, 10 June 2026 First-time home buyer down payment assistance in Kansas City isn’t one-size-fits-all — but between state programs, nonprofit grants and lender-specific options, most buyers will find something that fits. Ryan Brennan, Kansas City Star, 10 June 2026 In that era, a sturdy brick starter home cost roughly $6,000 — about three years of wages for a factory worker — and a modest down payment and straightforward land contract let a family anchor themselves to the neighborhood. Jonathan Tower, Forbes.com, 4 June 2026 The biggest piece of housing legislation in a generation is stalled in Congress, while efforts at cutting credit card interest rates or letting people tap their 401(k) retirement accounts for down payments have gone nowhere. Bloomberg, Oc Register, 3 June 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Realize that Social Security needs time to verify and update the new deposit details so don’t close the first account until confirming the second account is receiving the funds.
    Diane Omdahl, Forbes.com, 18 June 2026
  • Winner and/or winner’s guest may be required to satisfy any minimum age, identification, credit card, deposit, and other check-in or redemption requirements imposed by the hotel.
    AJC.com, AJC.com, 18 June 2026
Noun
  • Firms that deflect or offer guarantees that sound too clean are often the wrong fit, particularly for high-net-worth clients who cannot afford a second remediation campaign to clean up the first.
    Jason Phillips, USA Today, 17 June 2026
  • In practice, analysts say, that means renewable energy projects in African countries with weak sovereign ratings inherit the perception of sovereign risk even when projects themselves are commercially sound and backed by international guarantees.
    ABC News, ABC News, 17 June 2026

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“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 23 Jun. 2026.

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