pay down

verb

paid down; paying down; pays down
Synonyms of pay downnext

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.
These can add up fast and either add to your existing debt or take away from money that would be used to pay down your balance. Jasmin Suknanan, CNBC, 26 Dec. 2025 Focusing on paying down high-interest debt can reduce financial stress. Hillary Stalker, Nashville Tennessean, 24 Dec. 2025 The upfront cash proceeds from the transaction, net of tax, will be used to pay down Coty’s short- and long-term debt. Kathryn Hopkins, Footwear News, 22 Dec. 2025 With mortgage rates still elevated, a recast can be a beneficial way to pay down principal instead of refinancing into a higher rate. Tim Maxwell, CBS News, 22 Dec. 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 Dec. 2025.

More from Merriam-Webster on pay down

Last Updated: - Updated example sentences
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