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
Some cities offer grants to help with down payments, but any grant program in Overland Park would have to be substantial to meet current house prices, Mosher said.
—
Taylor O'Connor, Kansas City Star, 25 Oct. 2025
Working with groups like Habitat for Humanity and increasing grant access to rental vouchers, down payment assistance, and financial counseling will build housing stability and help everyone to live with dignity.
—Rebecca Noel, Charlotte Observer, 24 Oct. 2025
Will their kids have enough money for down payment on their first home?
—Winston Cho, HollywoodReporter, 22 Oct. 2025
Back in September, Valdez Streaty said, those shopping for EVs were more likely to find a monthly lease off in the $200 or below range, with lower down payments.
—Susan Tompor, USA Today, 19 Oct. 2025
See All Example Sentences for down payment
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.
Taylor O'Connor, Kansas City Star, 25 Oct. 2025
Working with groups like Habitat for Humanity and increasing grant access to rental vouchers, down payment assistance, and financial counseling will build housing stability and help everyone to live with dignity.
—Rebecca Noel, Charlotte Observer, 24 Oct. 2025
Will their kids have enough money for down payment on their first home?
—Winston Cho, HollywoodReporter, 22 Oct. 2025
Back in September, Valdez Streaty said, those shopping for EVs were more likely to find a monthly lease off in the $200 or below range, with lower down payments.
—Susan Tompor, USA Today, 19 Oct. 2025
See All Example Sentences for down payment
Cite this Entry
“Down payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/down%20payment. Accessed 29 Oct. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share