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 The Zaslav era of WBD has seen a tremendous amount of cuts and layoffs in an effort to pay down debt. Anthony D'alessandro, Deadline, 17 July 2024 Loading your audio article Connecticut has withheld more than $7.5 billion from core state programs since 2022 to pay down pension debt and build reserves, a total that exceeds 30% of the entire General Fund. Keith M. Phaneuf, Hartford Courant, 10 July 2024 The town is maturing and making good progress on safety, utilities and paying down debt. Sam Kmack, The Arizona Republic, 9 July 2024 The agency has already approved $5.5 billion in loan cancellation for 414,000 enrollees who met the plan criteria by originally borrowing less than $12,000 and paying down their debt for at least 10 years. Danielle Douglas-Gabriel, Washington Post, 28 June 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 27 Jul. 2024.

More from Merriam-Webster on pay down

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