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.
Businesses may allocate those leftover funds toward growing their operations or paying down their debt, among other uses. Liz Napolitano, CNBC, 12 Sep. 2025 Goldenberg, who is based in Cleveland, had initially picked up the extra job a few years ago to help pay down the massive student debt he and his wife, a family doctor, had accumulated during medical school. Duaa Eldeib, ProPublica, 10 Sep. 2025 Those uses include paying for current public spending (deficit reduction) and paying down past spending (debt reduction). Robert Goulder, Forbes.com, 8 Sep. 2025 EchoStar will use proceeds from the spectrum deals to pay down some of its $25 billion debt load. Bloomberg, Mercury News, 8 Sep. 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

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Cite this Entry

“Pay down.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pay%20down. Accessed 16 Sep. 2025.

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Last Updated: - Updated example sentences
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