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 The Texas State Affordable Housing Corporation’s Homes for Texas Heroes program offers down payment help for teachers, police officers, corrections officers, firefighters and emergency medical technicians. Fort Worth Star-Telegram, 6 May 2026 Gaston said Turner arranged jobs and helped pay for home down payments for any Braves players who lived in Atlanta during the offseason. Andrew Greif, NBC news, 6 May 2026 Remember, this calculation does not include the large down payment required to achieve a relatively low monthly house payment. Jonathan Lansner, Oc Register, 4 May 2026 How to Become an Alo Member Becoming an Alo member doesn’t take a lengthy approval process or a down payment. Stacia Datskovska, Footwear News, 4 May 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • He was also accused of deceiving escrow agents to secure the release of pre-construction condominium deposits and then misappropriated those funds for personal expenses unrelated to the developments.
    Jay Weaver, Miami Herald, 14 May 2026
  • While small companies going out of business and leaving some customers empty handed can happen, the transactions are typically for much smaller amounts, such as deposits on furniture, according to Rheingold.
    Amber Gaudet, Charlotte Observer, 14 May 2026
Noun
  • There’s no guarantee a baby will book anything, especially as the industry continues to contract.
    Payton Turkeltaub, Variety, 14 May 2026
  • Iranian officials have also asked for their flag and anthem to be respected, and for security guarantees at airports, hotels and stadiums.
    Khaled Wassef, CBS News, 13 May 2026

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Cite this Entry

“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 17 May. 2026.

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