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
This down payment may come from personal savings, the sale of your current home or other financial resources.
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Gabriel O Rodriguez, Sacramento Bee, 26 Feb. 2025
The bottom line: Today’s homebuyer isn’t just equipped with good credit and a down payment; they’re increasingly required to be among America’s highest earners.
—Jasmine Cui, NBC News, 22 Feb. 2025
The shift toward older homebuyers may stem from market conditions that give an advantage to repeat buyers and those with larger down payments and higher incomes, who tend to be older.
—Jay Kalinski, Orange County Register, 17 Feb. 2025
Back then, most down payments were set at 50%, making homeownership unaffordable for many Americans.
—Samantha Delouya, CNN, 19 Feb. 2025
See All Example Sentences for down payment
Gabriel O Rodriguez, Sacramento Bee, 26 Feb. 2025
The bottom line: Today’s homebuyer isn’t just equipped with good credit and a down payment; they’re increasingly required to be among America’s highest earners.
—Jasmine Cui, NBC News, 22 Feb. 2025
The shift toward older homebuyers may stem from market conditions that give an advantage to repeat buyers and those with larger down payments and higher incomes, who tend to be older.
—Jay Kalinski, Orange County Register, 17 Feb. 2025
Back then, most down payments were set at 50%, making homeownership unaffordable for many Americans.
—Samantha Delouya, CNN, 19 Feb. 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 19 Mar. 2025.
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