down payment
noun
: a part of the full price paid at the time of purchase or delivery with the balance to be paid later
broadly
: the first step in a process
Examples of down payment in a Sentence
She made a 10 percent down payment on the car.
We put a down payment on the house.
Recent Examples on the Web
More:This new Washington County down payment program can make home ownership more attainable
More:'John McGivern's Main Streets' show on PBS to feature West Bend in 2025
Cathy Kozlowicz can be reached at 262-361-9132 or cathy.kozlowicz@jrn.com.
—
Cathy Kozlowicz, Journal Sentinel, 3 May 2024
Considering higher home prices, it’s also been increasingly difficult for first-time home buyers to come up with enough cash for a down payment, even on a starter home.
—Sydney Lake, Fortune, 2 May 2024
See all Example Sentences for down payment 
Cathy Kozlowicz, Journal Sentinel, 3 May 2024
Considering higher home prices, it’s also been increasingly difficult for first-time home buyers to come up with enough cash for a down payment, even on a starter home.
—Sydney Lake, Fortune, 2 May 2024
See all Example Sentences for down payment
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'down payment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Down payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/down%20payment. Accessed 6 May. 2024.
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