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 In other cases, a homeowner won’t be able to even scrape together a down payment on a new property until equity is unlocked from the existing one. Andrea Riquier, USA Today, 28 May 2026 The study also found that some parents are even prioritizing saving for a down payment than for a college degree. Jake Angelo, Fortune, 27 May 2026 The Arvest Homebuyer Advantage program, which gives qualified first-time buyers options for 100% financing that completely eliminates the need for a down payment or private mortgage insurance (PMI). Jason Peters, Kansas City Star, 27 May 2026 Sixteen years ago, the couple found a perfect apartment in Washington Heights and scrambled to cobble together a down payment. Eliza Shapiro, New York Times, 25 May 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Charles Schwab Learn More Minimum deposit and balance Minimum deposit and balance requirements may vary depending on the investment vehicle selected.
    Liz Knueven, CNBC, 4 June 2026
  • Potential buyers can play around with the all the options and pricing breakdowns using Supertramp's online configurator and reserve their build slots with a fully refundable $1,000 deposit.
    New Atlas, New Atlas, 4 June 2026
Noun
  • The 49ers then voided the guarantees in Aiyuk’s contact last summer, which Aiyuk elected not to fight with a grievance through the NFL Players Association.
    Chris Biderman, Sacbee.com, 3 June 2026
  • Supporters said the additional revenue would help fund city services, while opponents argued the increase could hurt tourism and hospitality businesses and provide no guarantees about how the money would ultimately be spent.
    Teresa Liu, Daily News, 3 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 8 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