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.
That advantage carries over to refinancing because 15-year borrowers pay down principal faster and, therefore, recoup their refinancing costs much sooner. Lew Sichelman, Miami Herald, 25 Sep. 2025 Try to maintain a high credit score by paying down debt, make payments on time and do not load up debt anywhere close to the maximum available line of credit. Susan Tompor, USA Today, 24 Sep. 2025 Some 32 percent said their income was too low or inconsistent and 22 percent listed paying down their debts was a more pressing priority. Hugh Cameron, MSNBC Newsweek, 23 Sep. 2025 Some say living full time out of an RV has freed them up financially to build their savings or pay down debt. Shannon Pettypiece, NBC news, 22 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 30 Sep. 2025.

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