pay down

verb

paid down; paying down; pays down

transitive verb

: to reduce (a debt) by repaying in part

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 29 Jan. 2023.

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