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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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 Buyers earning 60% to 80% of the area’s median income will receive down payment assistance. Kamal Morgan, Fort Worth Star-Telegram, 19 May 2026 Eligible buyers may qualify for up to $10,000 to $17,000 in assistance toward a down payment, closing costs or interest rate buy-downs with additional programs that may offer more assistance. Lauren Jarvis-Gibson, Charlotte Observer, 15 May 2026 Edward Coulson, an economics professor at UC Irvine’s Paul Merage School of Business, attributes the low numbers to the region’s expensive home prices and down payment challenges. Amancai Biraben, Daily News, 14 May 2026 The average age of a first‑time homebuyer has climbed to about 40, according to recent data from the National Association of Realtors, and saving for a down payment has become the biggest obstacle for many buyers. Suzanne Blake, MSNBC Newsweek, 13 May 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Fidelity Investments Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected.
    Liz Knueven, CNBC, 28 May 2026
  • The findings suggest Mercury's ice was deposited rapidly rather than supplied gradually over long periods of time — a scenario that also helps explain the apparent purity of the ice deposits, the study notes.
    Sharmila Kuthunur, Space.com, 28 May 2026
Noun
  • In strategic affairs, as in finance, past performance is no guarantee of future returns.
    Literary Hub, Literary Hub, 27 May 2026
  • The Cruz-Cantwell bill contains still other features that are likely to spark discussion, such as offering athletes health care protections and scholarship guarantees.
    Michael McCann, Sportico.com, 27 May 2026

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“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 3 Jun. 2026.

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