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 Since Bakish’s departure in April, the Office of the CEO has explored the sale of BET, of merging Paramount+ with another streaming partner, and of cutting $500 million in costs in order to pay down debt. Brian Welk, IndieWire, 8 July 2024 The company took a $125 million strategic investment in May from BDT & MSD Partners, with the proceeds paying down debt and paying back loans. Alex Weprin, The Hollywood Reporter, 7 July 2024 A number of levers will be pulled in an effort to pay down the company’s debt load of $14 billion and otherwise improve the balance sheet. Nellie Andreeva, Deadline, 19 June 2024 She’s cut down her monthly shopping expenses by hundreds of dollars on her way to paying down more than $1,000 in credit card debt. Dan Rosenzweig-Ziff, Washington Post, 18 June 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 15 Jul. 2024.

More from Merriam-Webster on pay down

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