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 Most people do not have the funds in their savings account to cover an emergency expense, much less save for retirement, childcare, or a down payment on a home. Oliver Adams Larkin, Sun Sentinel, 10 July 2026 Saving for retirement is an overarching goal for most investors but may need to be balanced against near-term goals, such as saving for a down payment on a house or for education needs. Daniel Kern, Forbes.com, 7 July 2026 The tribe will offer $15,000 stipends for down payment assistance for members slightly above the income threshold, Dunbar said. Courtney Bell, Oklahoma Voice, 1 July 2026 Households planning to buy a home usually need to save for a down payment, keep a good credit score, and pay off outstanding debt. Tristan Bove, Fortune, 30 June 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Georgia’s Okefenokee, meanwhile, sits in the subtropical climate band, where peat deposits are more scarce — and where most that do remain have been altered by humans.
    Drew Kann, AJC.com, 20 July 2026
  • The Jadar deposit in western Serbia, for instance, ranks among the most significant in the world, estimated to be capable of meeting as much as 90% of Europe's current lithium needs.
    Ilan Berman, Forbes.com, 20 July 2026
Noun
  • Distance from the front lines is no longer a guarantee of safety.
    Nimi Princewill, CNN Money, 20 July 2026
  • Many of the housing units that have been built in Manchester’s city center, sometimes with support from public loans or loan guarantees, are expensive market-rate apartments; more affordable units are still hard to find.
    John Cassidy, New Yorker, 20 July 2026

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“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 26 Jul. 2026.

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