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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Examples of down payment in a Sentence
Recent Examples on the Web
That includes proposals to boost assistance for down payments on homes and expanding the child tax credit.
—
Dominic Patten, Deadline, 15 Oct. 2024
Late last month, the government announced plans to cut mortgage rates and lower home down payments – leading to an early October jump in new home sales in Beijing, Guangzhou, Shenzhen, and Shanghai.
—Ann Scott Tyson, The Christian Science Monitor, 15 Oct. 2024
Over the last year or so, with higher rates, people were putting larger down payments on their homes—which had not occurred in mass for 15 years.
—Gregory Clifford, Forbes, 10 Oct. 2024
No evidence Harris’ down payment assistance aimed at people in US illegally
Harris outlined her economic policy proposals in August during a speech in Raleigh, North Carolina.
—Chris Mueller, USA TODAY, 4 Oct. 2024
See all Example Sentences for down payment 
Dominic Patten, Deadline, 15 Oct. 2024
Late last month, the government announced plans to cut mortgage rates and lower home down payments – leading to an early October jump in new home sales in Beijing, Guangzhou, Shenzhen, and Shanghai.
—Ann Scott Tyson, The Christian Science Monitor, 15 Oct. 2024
Over the last year or so, with higher rates, people were putting larger down payments on their homes—which had not occurred in mass for 15 years.
—Gregory Clifford, Forbes, 10 Oct. 2024
No evidence Harris’ down payment assistance aimed at people in US illegally
Harris outlined her economic policy proposals in August during a speech in Raleigh, North Carolina.
—Chris Mueller, USA TODAY, 4 Oct. 2024
See all Example Sentences for down payment
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'down payment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Down payment.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/down%20payment. Accessed 5 Nov. 2024.
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