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.
Do these assets go to paying down debt or to the wealth fund? Andy Mills, Quartz, 7 Feb. 2025 Sovereign wealth funds generally use a nation's reserves and invest the funds to generate returns, which can be used to address deficits, pay down debts or bolster savings. Kathryn Watson, CBS News, 3 Feb. 2025 The fund is currently at capacity at about $4 billion, and any money above a statutory cap automatically goes toward paying down pension debt. Christopher Keating, Hartford Courant, 2 Feb. 2025 Additionally in 2025, Jacobson said GM will continue to look for opportunities to return value to shareholders as well as pay down the company’s automotive debt, including $1.75 billion that matures this year. Michael Wayland, CNBC, 28 Jan. 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

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 15 Feb. 2025.

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