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
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Those monthly loan payments often compete with other financial priorities such as saving for retirement, building an emergency fund, paying down credit card debt or saving for a home purchase. Angelica Leicht, CBS News, 4 June 2026 Silva also recommended that the board take a more aggressive approach to paying down its CalPERS liabilities, with a $400,000-per-year payment versus a $200,000-per-year payment. Corey Schmidt, Sacbee.com, 1 June 2026 Those who are keeping up with their bills but aren't making progress paying down their principal can also qualify for a small subsidy from the Education Department. Annie Nova, CNBC, 29 May 2026 To pay down their current debt, the district is pulling more than $20 million from its reserves, meant to pay for future health and pension obligations, setting themselves up for a future fiscal cliff. East Bay Times Editorial Board, Mercury News, 27 May 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 5 Jun. 2026.

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