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.
Trump predicted the tariffs would bring in hundreds of billions of dollars – perhaps trillions of dollars – into the US Treasury, which would help pay down America’s massive debt and his planned tax cuts. David Goldman, CNN, 23 Jan. 2025 The Astros will almost certainly have to pay down some of Pressly’s $14 million salary to make a deal amenable to any club. Patrick Mooney, The Athletic, 23 Jan. 2025 Alternatively, that money could be well spent paying down post-holiday debt. Jessica Dickler, CNBC, 10 Jan. 2025 In this model, as the price of the bitcoin collateral increases, borrowers could reduce their debt by either paying down the mortgage or using the rising collateral price to offset outstanding balances. Dave Birnbaum, Forbes, 16 Jan. 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

Dictionary Entries Near pay down

Cite this Entry

“Pay down.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pay%20down. Accessed 2 Feb. 2025.

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