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
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The bill also expands the state’s support for special education, a legislative initiative accepted by an administration wary of new spending, even as the state is sitting on record budget reserves and continues to pay down Connecticut’s considerable unfunded pension liability. Mark Pazniokas, Hartford Courant, 2 June 2025 The company needs to pay down debt, Allen said in a statement. Meg James, Los Angeles Times, 2 June 2025 Here’s a quick look at how household finances are becoming increasingly frayed: The Covid-19 pandemic upended the US economy — but in the process, some Americans were able to swiftly pay down their debt and sock away money in savings. Alicia Wallace, CNN Money, 1 June 2025 The company has focused on paying down debt rather than spending on new content to compete with Netflix, which has more than 300 million subscribers. Sarah Whitten,alex Sherman,lillian Rizzo, CNBC, 14 May 2025 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 12 Jun. 2025.

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