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 The company recently changed its formula to link more of his pay to cash flow given the pressing need to pay down debt. Dade Hayes, Deadline, 13 Sep. 2024 If annexation occurs, those reserve funds would be used to pay down pension liabilities. Sierra Lopez, The Mercury News, 16 Aug. 2024 Suarez purchased two new properties, paid down an American Express debt, took out a quarter-million-dollar loan and more than tripled the value of a cryptocurrency account, according to the new filing. Tess Riski, Miami Herald, 11 July 2024 Having accrued close to $200,000 in student debt herself, Taylor launched Candidly in 2016 aiming to build a platform to help borrowers pay down their debt faster. Maggie McGrath, Forbes, 12 Sep. 2024 See all Example Sentences for pay down 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'pay down.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 5 Oct. 2024.

More from Merriam-Webster on pay down

Last Updated: - Updated example sentences
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