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 However, critics point to shortcomings, including no explicit housing supply target or new federal down payment aid. Jamie Gold, Forbes.com, 30 June 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 Such claims can lead to a lower mortgage rate and smaller down payment than if one of them was declared as a rental property or second home. Mark Sherman, Chicago Tribune, 29 June 2026 As of his interview with The Star, the campaign had raised nearly 60% of its fundraising goal for the down payment. J.m. Banks june 25, Kansas City Star, 25 June 2026 See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
  • Morgan Stanley downgrades Truist and Prosperity Bancshares to equal weight from overweight Morgan Stanley downgrades Prosperity and Truist citing deposit competition.
    Michael Bloom, CNBC, 6 July 2026
  • The federal government will provide a $1,000 seed deposit for eligible children born between 2025 and 2028 to help encourage long-term savings and investing.
    Kiara Moore, The Washington Examiner, 6 July 2026
Noun
  • The price equation If OPEC turns the spigots to max, a complex operation with no guarantee of success, all that oil may have nowhere to go.
    David Goldman, CNN Money, 6 July 2026
  • Credit Saint Credit Restoration Highlights Credit Saint offers three packages for credit repair services and a 90-day money-back guarantee for services.
    Brian Sloan,Dan Avery, CNBC, 6 July 2026

Browse Nearby Words

Cite this Entry

“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 7 Jul. 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