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 Some hadn’t found a new job yet, and had no credit history or money for two months’ down payment and a security deposit. Robert McCoppin, Chicago Tribune, 28 Aug. 2026 Kapoor also pleaded guilty to one money-laundering charge accusing him of transferring $820,559 from his personal bank account as a down payment on a $5 million purchase of a 68-foot Princess yacht in 2022. Miami Herald, 27 Aug. 2026 Financial institutions and community partners may also provide down payment assistance programs, including opportunities that can be partially or fully forgiven over time. Patricia Mason, Hartford Courant, 22 Aug. 2026 Housing affordability is a major part of it, but its effects extend well beyond whether someone can scrape together a down payment. Tatiana Sataua, Fortune, 20 Aug. 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • An underwriter is not simply adding up deposits and calling it a day.
    Karen Koehler, Miami Herald, 31 Aug. 2026
  • The next chief executive will need to accelerate growth, improve deposit mobilization and returns, and rebuild confidence around governance and senior-management stability, global brokerage Nomura said in a report on Sunday.
    Priyanka Salve, CNBC, 31 Aug. 2026
Noun
  • Along the way, the audience can expect tons of humiliation, terrible second prizes, and the guarantee that Robertson will turn at least one poor soul's wrong turn into several minutes of unhinged public destruction.
    Rebecca Rosman, NPR, 31 Aug. 2026
  • Marley Spoon says its products are backed by a freshness and quality guarantee for four days after a subscription box arrives.
    Michelle Del Rey, USA Today, 31 Aug. 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 Sep. 2026.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!