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 Buying comes with costs to get in—down payment, closing costs, moving—and costs to get out (real estate commissions, moving). Bydoug Ashburn, Encyclopedia Britannica, 15 Apr. 2026 For example, San Diego, which ranked eighth on the list, boasts a robust job market and high quality of living, but saving for a down payment on a home can take upward of a decade. Sophie Caldwell, CNBC, 14 Apr. 2026 That down payment on the house kind of emptied us out. Jo Ling Kent, CBS News, 12 Apr. 2026 That means that a home listed at $1.5 million sold for $150,000 more on average — more than a down payment in most of the country. Christian Leonard, San Francisco Chronicle, 6 Apr. 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Your loan processor must track the paper trail of any large deposits, say more than a paycheck.
    Jeff Lazerson, Oc Register, 23 Apr. 2026
  • After completing the deal, First Citizens’ first goal was to get bankers working with their clients in a bid to stabilize the loss of deposits, rather than worry about integration, Cadieux said.
    Bloomberg, Mercury News, 23 Apr. 2026
Noun
  • Right now, there are no consistent guarantees.
    Rep. Nick Menapace, Hartford Courant, 21 Apr. 2026
  • However, the platform charges a 20% commission from the rental, which goes toward covering insurance and guarantees, customer support and user verification.
    Emily Canal, CNBC, 21 Apr. 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 26 Apr. 2026.

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