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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Recent Examples of down payment
Make a down payment on a house You’d be surprised how far your tax refund can go toward making the dream of homeownership a reality.
—
Dan Avery, CNBC, 19 Mar. 2025
The amount of your down payment depends on your finances and your lender.
—Kelsey Neubauer, CNBC, 18 Mar. 2025
Casey said the perk of renting was to avoid the hassle of making a down payment and the convenience of being able to call a landlord for maintenance issues.
—Cayli Yanagida, Kansas City Star, 17 Mar. 2025
There are income limits for those wishing to apply for down payment assistance, and applicants must qualify for a first mortgage.
—Paul Du Quenoy, MSNBC Newsweek, 26 Mar. 2025
See All Example Sentences for down payment
Dan Avery, CNBC, 19 Mar. 2025
The amount of your down payment depends on your finances and your lender.
—Kelsey Neubauer, CNBC, 18 Mar. 2025
Casey said the perk of renting was to avoid the hassle of making a down payment and the convenience of being able to call a landlord for maintenance issues.
—Cayli Yanagida, Kansas City Star, 17 Mar. 2025
There are income limits for those wishing to apply for down payment assistance, and applicants must qualify for a first mortgage.
—Paul Du Quenoy, MSNBC Newsweek, 26 Mar. 2025
See All Example Sentences for down payment
Cite this Entry
“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 23 Apr. 2025.
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