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.
The company states that the proceeds from the bond offering will be used to pay down existing debts, though the company has a significant amount of cash on hand in local currency. — Brendan Ahern, Forbes, 7 Mar. 2025 The former Logitech chief and turnaround artist sold off Supreme to pay down debt, cut costs, reset the operating structure and installed new leadership, almost across the board, putting fresh eyes on The North Face, Vans, Timberland and Dickies. — Evan Clark, WWD, 6 Mar. 2025 Could a crypto reserve help pay down the U.S. government’s debt? — Andrew R. Chow, TIME, 4 Mar. 2025 Image Image DealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a dividend or refund check from money saved by DOGE rather than use all of it to pay down the debt. — Andrew Ross Sorkin, New York Times, 20 Feb. 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

Rhymes for pay down

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Browse Nearby Words

pay down
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Cite this Entry

“Pay down.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pay%20down. Accessed 23 Mar. 2025.

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