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 There are certain penalty exceptions, including for the down payment on a home or education expenses. Jessica Dickler,greg Iacurci, CNBC, 3 June 2026 For the most tragic car dorks, stop worrying about saving up for a down payment on something new and start learning how to fix the cars that came out before smartphones. Andrew P. Collins, The Drive, 3 June 2026 The current down payment assistance program offers to pay up to $150,000 to first-generation home buyers in California and only needs to be paid back after homebuyers sell their home. Philip Wang, Time, 2 June 2026 Liu used the funds as a down payment on a home for his daughter, per sources speaking with Caixin. Brian Boucher, ARTnews.com, 1 June 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Most contracts allow the buyer to cancel and recover the deposit.
    Gary Singer, Sun Sentinel, 11 June 2026
  • The original Brazilian deposits were largely depleted by the mid-1990s, though copper-bearing tourmalines with similar color and mineral composition were later discovered in Nigeria, Mozambique and Ethiopia.
    Anthony DeMarco, Forbes.com, 11 June 2026
Noun
  • When installed correctly, with the proper slope, however, many models offer some protection from drizzles or light showers, but this isn’t a guarantee.
    BestReviews, Mercury News, 10 June 2026
  • First, trust needs to come through technical guarantees rather than geographic restrictions.
    Leonard Lim, Fortune, 10 June 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 Jun. 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