✨📕 The NEWThe NEW Collegiate Dictionary, 12th Edition Over 5,000 words added — Buy Now! Collegiate DictionaryBuy Now!

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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Nonetheless, Trump on Monday said tariff dividends could be sent out next year, and revenue would still be used to pay down the federal deficit. Addy Bink, The Hill, 20 Nov. 2025 The problem is that while some people may use the money to pay down debt, others would likely spend it, and that would increase demand. Matt Egan, CNN Money, 19 Nov. 2025 Focus on paying down existing debts, avoiding new credit inquiries and ensuring all bills are current. Angelica Leicht, CBS News, 18 Nov. 2025 Trump, however, also said federal tariff revenue might be used to pay down national debt — raising questions about how much federal funding would be needed to do both. Jason Ma, Fortune, 15 Nov. 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

Browse Nearby Words

Cite this Entry

“Pay down.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pay%20down. Accessed 29 Nov. 2025.

More from Merriam-Webster on pay down

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!