Definitions for pay down
pay down

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1. pay down

   To reduce the principal amount owed on a debt.

   After resolving to improve his financial condition, he began slowly to pay down his debts.

   
   

   Submitted by anonymous on August 21, 2020  

How to pronounce pay down?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say pay down in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of pay down in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of pay down in Pythagorean Numerology is: 8

Examples of pay down in a Sentence

1. Edward Gottfried:

   For young people living paycheck to paycheck, there's no one-size-fits-all answer to managing your finances, make sure your paycheck allows you to pay down your student loans while you're socking away money for retirement and continuing to stay on top of debt and month-to-month expenses.

2. Eleni Demertzis:

   Even with the tax increase, this budget remains $2 billion out of balance for fiscal year 2018, the best thing we can do is to work collaboratively to pass truly balanced budgets that pay down our debt, reform our pension system, and make the changes necessary to drive economic growth in our state.

3. Chantel Bonneau:

   Make sure that’s a focus and [that] they use this opportunity to pay down high interest-bearing debt, so they can free up cash flow when they move out.

4. George Schultze:

   While the company comes out of this slightly overleveraged, it has a strong business and will be able to pay down the debt, the debt market is so hot right now that I'm sure this offering will be oversubscribed.

5. Lawrence Yun:

   Owning a home continues to be a proven method for building long-term wealth, home values generally grow over time, so homeowners begin the wealth-building process as soon as they make a down payment and move to pay down their mortgage.