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 Lenders also consider factors such as the borrower’s credit score, debt-to-income ratio and down payment, said Jeff DerGurahian, head economist at loanDepot. — Samantha Delouya, CNN Money, 1 Oct. 2026 Aim for a solid down payment of at least 5% for first-time home buyers. — Tabitha Parent, PEOPLE, 23 Sep. 2026 Closing costs are fees paid to finalize a mortgage and home sale, separate from the down payment. — Rebecca Safier, USA Today, 22 Sep. 2026 The Yale drama school graduate had purchased a one-bedroom apartment in the building in NoHo—in a 19th-century Neo-Grec former industrial space—after a role in Nora Ephron’s movie Mixed Nuts earned him enough money for a down payment. — Ingrid Abramovitch, Architectural Digest, 10 Sep. 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Relatives, employers, philanthropists, government organizations and charitable groups can make deposits, including company stock, into the accounts.
    — Arkansas Online, Arkansas Online, 20 Oct. 2026
  • These silicon chunks are melted in bespoke crucibles made of the world’s purest quartz, virtually all of which is mined from a solitary deposit in the mountains of North Carolina.
    — Gideon Lewis-Kraus, New Yorker, 19 Oct. 2026
Noun
  • That figure reflects performance on OpenAI’s test suite, not a guarantee of error-free migrations.
    — Aamir Khollam, Interesting Engineering, 19 Oct. 2026
  • But, even for them, there are no guarantees their fitness will last a lifetime.
    — Donna Vickroy, Chicago Tribune, 18 Oct. 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 20 Oct. 2026.

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