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 Connecticut provides up to $25,000 per borrower, which may cover up to 20% of a down payment and 5% of closing costs. Don Stacom, Hartford Courant, 8 Sep. 2026 Underpinning the luxury market are affluent home shoppers who can afford to shrug off rising mortgage rates and often pay all cash for a home or come up with a large down payment by raising funds through sales of stocks or other investments. ABC News, 2 Sep. 2026 These points can be redeemed with partner travel organizations, gym classes or can go toward putting a down payment on a home. Kelsey Neubauer, CNBC, 1 Sep. 2026 The Cincinnati branch created an investment match program to help locals save enough money for an average down payment on a home. Gillian Stawiszynski, Cincinnati Enquirer, 1 Sep. 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Buying a pre-construction unit usually means putting down an initial deposit and paying in installments as the building gets closer to being completed.
    Michael Butler, Miami Herald, 21 Sep. 2026
  • In the end the answer was so obvious, so on the nose, that hopefully no socially ambitious parents put a deposit down at Marlborough, Oundle, or Wellington.
    Eva Wolchover, Vanity Fair, 21 Sep. 2026
Noun
  • The two sides spent the weekend in tense discussions over Paramount’s commitments to remain in California and over guarantees for its production levels.
    Gene Maddaus, Variety, 21 Sep. 2026
  • Federal laws such as Title IX guarantee support services as part of the intent of the law is to make sure all students have equal access to their education.
    Susan Daria Landino, Hartford Courant, 20 Sep. 2026

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“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 22 Sep. 2026.

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