pay down

verb

paid down; paying down; pays down
Synonyms of pay downnext

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.
Credit card issuers, Bialobrzeski said, may offer a lower interest rate for a limited period of time, like three months to nine months, typically at rates around 2% to 12% to give a person some time to pay down their debt. Susan Tompor, USA Today, 8 Feb. 2026 The company plans to spend the IPO proceeds to pay down its debt, purchase new equipment and fund general corporate purposes, according to a regulatory filing. Amelia Lucas, CNBC, 6 Feb. 2026 Some analysts have wondered whether Paramount would sell one of its most valuable assets — the historic Melrose Avenue movie lot — to raise money to pay down debt that a Warner acquisition would bring. Meg James, Los Angeles Times, 27 Jan. 2026 Isiah would like to sign up for the Austin marathon registration, and the family would like respite care to be able to go out on a date, as well as summer camp classes for Aubrey, and help paying down their medical debt. Nicole Villalpando, Austin American Statesman, 26 Jan. 2026 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 15 Feb. 2026.

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