down payment
noun
: a part of the full price paid at the time of purchase or delivery with the balance to be paid later
broadly
: the first step in a process
Examples of down payment in a Sentence
She made a 10 percent down payment on the car.
We put a down payment on the house.
Recent Examples on the Web
With Trump, everything is a transaction, and for his would-be suitors—not just Israel, but also Hamas’s sponsors in Qatar—the Gaza cease-fire is a down payment.
—
Yair Rosenberg, The Atlantic, 15 Jan. 2025
If saving for a down payment is challenging, consider exploring down payment assistance programs designed to aid and low-to-moderate-income individuals.
—Robert Thorpe, Newsweek, 11 Jan. 2025
Reality check: Cash gifts are still appreciated, especially for a down payment or honeymoon.
—Sami Sparber, Axios, 11 Jan. 2025
His dad loaned him $250,000 for a down payment on a house with horse property in Maple Ridge, a tony suburb north of Vancouver popular among doctors and lawyers.
—Jesse Hyde, Rolling Stone, 4 Jan. 2025
See all Example Sentences for down payment 
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Yair Rosenberg, The Atlantic, 15 Jan. 2025
If saving for a down payment is challenging, consider exploring down payment assistance programs designed to aid and low-to-moderate-income individuals.
—Robert Thorpe, Newsweek, 11 Jan. 2025
Reality check: Cash gifts are still appreciated, especially for a down payment or honeymoon.
—Sami Sparber, Axios, 11 Jan. 2025
His dad loaned him $250,000 for a down payment on a house with horse property in Maple Ridge, a tony suburb north of Vancouver popular among doctors and lawyers.
—Jesse Hyde, Rolling Stone, 4 Jan. 2025
See all Example Sentences for down payment
Dictionary Entries Near down payment
Cite this Entry
“Down payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/down%20payment. Accessed 19 Jan. 2025.
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