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.
The White Sox would pay down his salaries to enhance their return. Ken Rosenthal, New York Times, 20 June 2025 Factors like a low unemployment rate and high average income help residents purchase property, pay down debt and save for the future. Hugh Cameron, MSNBC Newsweek, 14 June 2025 Instead, the company’s focus became paying down its debt. Stephen Battaglio, Los Angeles Times, 9 June 2025 Make saving a habit A common budgeting model says to put 50% of your paycheck toward essential costs like food and rent, 30% to wants that may not be essential like ice cream after dinner and 20% toward savings and paying down debt. Natalie Wu, CNBC, 4 June 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 26 Jun. 2025.

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