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.
There’s also the debt avalanche or snowball method, which builds momentum by focusing on paying down debts with the lowest interest rate or the lowest balances first. Liz Knueven, CNBC, 10 July 2026 One amendment requires proceeds from the future sale of the city’s current police headquarters to be used to pay down the bond debt or reduce the amount the city borrows. Miami Herald, 10 July 2026 She's also dreamed about paying down that future pool by listing it on Swimply. Stephan Bisaha, NPR, 3 July 2026 And the war that was fought in the backcountry would serve as a catalyst for the Revolutionary War when the British king decided to help pay down war debt by taxing the colonists. Salena Zito, Washington Post, 1 July 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 13 Jul. 2026.

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