down payment

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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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 This down payment may come from personal savings, the sale of your current home or other financial resources. 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

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“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 13 Mar. 2025.

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