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
The significant financial advantage of co-buying a home might seem like a sweet deal, especially for people with insufficient funds for a down payment.
—
Nafeesah Allen, Better Homes & Gardens, 16 Apr. 2025
Without a prenup, contributions like wedding funds, down payments or even regular allowances could be at risk of being treated as marital or community property.
—Julia Rodgers, Forbes.com, 10 Apr. 2025
According to a survey conducted by Redfin in September 2024, 20 percent of prospective homebuyers expected to sell shares to help fund a mortgage down payment.
—Raja Krishnamoorthi, MSNBC Newsweek, 9 Apr. 2025
Younger generations are increasingly banking on family money for down payments, Redfin research shows.
—Sami Sparber, Axios, 8 Apr. 2025
See All Example Sentences for down payment
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Nafeesah Allen, Better Homes & Gardens, 16 Apr. 2025
Without a prenup, contributions like wedding funds, down payments or even regular allowances could be at risk of being treated as marital or community property.
—Julia Rodgers, Forbes.com, 10 Apr. 2025
According to a survey conducted by Redfin in September 2024, 20 percent of prospective homebuyers expected to sell shares to help fund a mortgage down payment.
—Raja Krishnamoorthi, MSNBC Newsweek, 9 Apr. 2025
Younger generations are increasingly banking on family money for down payments, Redfin research shows.
—Sami Sparber, Axios, 8 Apr. 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 3 May. 2025.
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