Recent Examples on the WebBut board members and the Ellison team disagreed over how much of the remaining $3 billion would be used to pay down debt and how much money would go to shareholders.—Meg James, Los Angeles Times, 30 May 2024 Credit card balances declined slightly from the all-time high, but that follows a seasonal pattern, when consumers start a post-holiday New Year’s financial diet and then use their tax refund money to pay down debt.—Jennifer Morris, The Mercury News, 27 May 2024 Americans’ credit card debt and late payments are rising, and card interest rates remain high, but many people lack a plan to pay down their debt.—Caitlin Kelly, New York Times, 27 Apr. 2024 During the six months ended March 31, 2024, the Company had operating cash provided by operations of $1.0 million, used $0.5 million to pay down its line of credit and spent $0.2 million on acquisitions of property and equipment and $1.0 million on the acquisition of intellectual property.—Fort Worth Star-Telegram, 14 May 2024 See all Example Sentences for pay down
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'pay down.' 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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