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.
Zaslav’s company is desperate to pay down debt taken on two years ago when the smaller Discovery merged with WarnerMedia, relieving AT&T of its entertainment headache. Meg James, Los Angeles Times, 21 Nov. 2024 Another $3 million would go toward hiring instructional coaches, and the rest would be used to pay down the district's deficit. Keri Heath, Austin American-Statesman, 21 Oct. 2024 This reflects first, the oil price collapse in 2014/15 and then the 2020 pandemic, but more recently the result of pressure from investors who asked companies to exercise ‘capital discipline,’ investing less, paying down debt and returning more cash to shareholders. Michael Lynch, Forbes, 3 Dec. 2024 The company has also been paying down debt by selling some of its clubs and then leasing them back. Nick Halter, Axios, 3 Nov. 2024 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 23 Dec. 2024.

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Last Updated: - Updated example sentences
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