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
That’s probably just a down payment on whatever huge amount farmers will receive when the dust clears.
—
The Editorial Board, Chicago Tribune, 12 May 2025
Participants will receive a certificate of completion that will enable them to apply for a federal down payment and closing cost assistance program available through Volusia County, Seminole County, and the City of Deltona.
—Joe Rassel, The Orlando Sentinel, 30 Apr. 2025
Eligible households earning up to 100 percent of the area median income (AMI) could receive up to $50,000 in financial assistance for their down payment, while households earning up to 135 percent AMI could get up to $35,000.
—Giulia Carbonaro, MSNBC Newsweek, 14 May 2025
Remember, the Realtor yardstick assumes buyers spend 30% of their income based on a mortgage with a 20% down payment, with an additional 1.4% of the purchase price going toward property taxes and insurance.
—Jonathan Lansner, Oc Register, 13 May 2025
See All Example Sentences for down payment
The Editorial Board, Chicago Tribune, 12 May 2025
Participants will receive a certificate of completion that will enable them to apply for a federal down payment and closing cost assistance program available through Volusia County, Seminole County, and the City of Deltona.
—Joe Rassel, The Orlando Sentinel, 30 Apr. 2025
Eligible households earning up to 100 percent of the area median income (AMI) could receive up to $50,000 in financial assistance for their down payment, while households earning up to 135 percent AMI could get up to $35,000.
—Giulia Carbonaro, MSNBC Newsweek, 14 May 2025
Remember, the Realtor yardstick assumes buyers spend 30% of their income based on a mortgage with a 20% down payment, with an additional 1.4% of the purchase price going toward property taxes and insurance.
—Jonathan Lansner, Oc Register, 13 May 2025
See All Example Sentences for down payment
Recent Examples of Synonyms for down payment
Noun
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Full legal name Birthdate Home address Geolocation of your device Initial cash deposit Bank account and routing number Bonus bets will arrive in your account after your bet settles and will stay available to you for seven (7) days.—
Tyler Everett,
MSNBC Newsweek,
31 May 2025
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Back in April, the central bank had cut its deposit facility rate by 25 basis points to 2.25%.—
Sophie Kiderlin,
CNBC,
30 May 2025
Noun
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The New York Post’s Jon Heyman reported the Cubs offered Crow-Armstrong a guarantee in the range of $60-70 million in March before talks were tabled.—
Phil Rogers,
Forbes.com,
28 May 2025
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Back injuries are tricky, and there are no guarantees.—
Roderick Boone,
Charlotte Observer,
28 May 2025
Cite this Entry
“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 6 Jun. 2025.
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