pay down

verb
paid down; paying down; pays down

Definition of pay down

transitive verb

: to reduce (a debt) by repaying in part

First Known Use of pay down

1975, in the meaning defined above

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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 20 Sep. 2020.

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