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 You may be asked to make a larger down payment or get a co-signer, and you may get hit with higher interest rates. Jasmin Suknanan, CNBC, 23 Apr. 2026 Those higher costs, Fairweather noted, are prohibiting young adults from building up savings to afford an eventual down payment on a home. Max Rego, The Hill, 19 Apr. 2026 About 14% of homebuyers 18 to 26 have consulted a community or government down payment assistance program (DPAP). Jake Angelo, Fortune, 16 Apr. 2026 For aspiring homeowners, saving up for a down payment on that first home can be a long slog. Lew Sichelman, Miami Herald, 15 Apr. 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • The Lakers are already taking deposits for season tickets in Coachella Valley, starting at $100 per account.
    Benjamin Royer, Oc Register, 30 Apr. 2026
  • There’s a $50 deposit required.
    Rod Stafford Hagwood, Sun Sentinel, 30 Apr. 2026
Noun
  • There’s no guarantee that new maps across the country will play out the way two parties hope.
    Bill Barrow, Los Angeles Times, 30 Apr. 2026
  • The most popular VPNs are ExpressVPN, NordVPN, and PureVPN—all of which offer a 30-day money-back guarantee.
    Katie Decker-Jacoby, StyleCaster, 29 Apr. 2026

Browse Nearby Words

Cite this Entry

“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 1 May. 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