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.
This means that if a beneficiary is found to have overpaid, half of their benefits will be withheld to pay down the balance. Aliss Higham, MSNBC Newsweek, 1 May 2025 For example, Trump said tariffs would need to be used to pay down America’s debt, too. David Goldman, CNN Money, 28 Apr. 2025 Capping transportation reserves and paying down debt One bill, enacted with bipartisan support Tuesday, would cap reserves in the budget’s Special Transportation Fund at 18% of the STF. Keith M. Phaneuf, Hartford Courant, 23 Apr. 2025 If revenues exceed the cap, they could only be used for non-recurring expenses, such as infrastructure or paying down debt. Nolan McKendry | The Center Square, The Washington Examiner, 22 Apr. 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 9 May. 2025.

More from Merriam-Webster on pay down

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