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.
Two years earlier, two grandchildren of George Halas sold their shares in the team back to the family; and the team used proceeds from the sale to Ryan and McKenna to help pay down debt burdens. Eben Novy-Williams, Sportico.com, 7 Aug. 2025 The net proceeds from that pullback, the company said, would be used to pay down its debt. The Detroit News, Chicago Tribune, 5 Aug. 2025 About $800 million of the proceeds will be used to pay down debt at Piedmont Natural Gas, while the remaining $1.5 billion will support Duke's $83 billion five-year capital plan focused on grid modernization and energy transition, the company said. Pooja Menon, The Tennessean, 31 July 2025 Taylor forgoes her New York internship to help her mother pay down her debt and open a home salon. Sara Netzley, EW.com, 30 July 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 20 Aug. 2025.

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