pay down

verb

paid down; paying down; pays down

transitive verb

: to reduce (a debt) by repaying in part

Examples of pay down in a Sentence

Recent Examples on the Web Executives in McCarthy’s cable programming division also felt threatened, recognizing that their futures were uncertain because Skydance may have decided to sell cable channels to pay down debt. Meg James, Los Angeles Times, 12 June 2024 Garnishment is when money is automatically taken out of your paycheck to pay down your debt. Maryam Jameel, ProPublica, 3 June 2024 The economy was roaring, the U.S. was paying down its debt with its surpluses and there was relative global peace. Galen Druke, ABC News, 22 May 2024 But 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 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.

Word History

First Known Use

1975, in the meaning defined above

Time Traveler
The first known use of pay down was in 1975

Dictionary Entries Near pay down

Cite this Entry

“Pay down.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pay%20down. Accessed 17 Jun. 2024.

More from Merriam-Webster on pay down

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