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 money will be used for reducing Taxes, Pro Growth Projects, and paying down our Debt. Martha McHardy, MSNBC Newsweek, 20 Sep. 2025 The 29-year-old spent much of his post-college years in financial limbo, with stints working gig economy jobs to pay down debt bookending a fulfilling, if not very lucrative, few years in the Peace Corps. Ryan Ermey, CNBC, 19 Sep. 2025 Still, the best thing for anyone carrying a large credit card balance is to prioritize paying down high-interest-rate debt, and to seek to transfer any amounts possible to lower APR cards or negotiate directly with credit card companies for accommodation. Dave Smith, Fortune, 17 Sep. 2025 Now, instead of focusing on growing or improving, its top priority is paying down debt. Jim Vinoski, Forbes.com, 17 Sep. 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 22 Sep. 2025.

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