pay down

verb

paid down; paying down; pays down
Synonyms of pay downnext

transitive verb

: to reduce (a debt) by repaying in part

Examples of pay down in a Sentence

Recent Examples on the Web
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.
One is to pay down your lines of credit. Daniel De Visé, USA Today, 21 Mar. 2026 Budget caps force unprecedented surpluses, which the governor and legislature then used to pay down pension debt and bolster reserves. Theo Peck-Suzuki, Hartford Courant, 18 Mar. 2026 Pay off your credit cards More than a third (37%) of taxpayers use their refund to pay down credit card debt, according to a 2026 MoneyLion survey, especially to cover large holiday purchases. Dan Avery, CNBC, 17 Mar. 2026 The café carries Dominican-roasted coffee, pastries, and sandwiches, and its proceeds help pay down school lunch debt at nearby schools. Margaret Littman, Southern Living, 13 Mar. 2026 See All Example Sentences for pay down

Word History

First Known Use

1975, in the meaning defined above

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

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Cite this Entry

“Pay down.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pay%20down. Accessed 24 Mar. 2026.

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