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.

Related Words

Relevance

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 You may be asked to make a larger down payment or get a co-signer, and you may get hit with higher interest rates. Jasmin Suknanan, CNBC, 23 Apr. 2026 Those higher costs, Fairweather noted, are prohibiting young adults from building up savings to afford an eventual down payment on a home. Max Rego, The Hill, 19 Apr. 2026 About 14% of homebuyers 18 to 26 have consulted a community or government down payment assistance program (DPAP). Jake Angelo, Fortune, 16 Apr. 2026 For aspiring homeowners, saving up for a down payment on that first home can be a long slog. Lew Sichelman, Miami Herald, 15 Apr. 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Celebrated as one of the most significant mineral finds of the modern era, the rare mineral deposit has been exhibited at several noteworthy events and institutions, including the Houston Museum of Natural Science and the American Museum of Natural History in New York City.
    Robb Report Studio, Robb Report, 8 May 2026
  • That combination gives the project a broader profile than deposits built around one dominant metal.
    Kaitlyn Gomez, Miami Herald, 7 May 2026
Noun
  • Even if Embiid returns, there’s no guarantee he’ll be equipped to follow around Towns for four quarters.
    Fiifi Frimpong, New York Daily News, 7 May 2026
  • From a long-distance relationship to blending a family of eight children, each decision required a level of trust that didn’t always come with guarantees.
    Staff Author, PEOPLE, 6 May 2026

Browse Nearby Words

Cite this Entry

“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 13 May. 2026.

More from Merriam-Webster on down payment

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster