What does pay down mean?

Definitions for pay down
pay down

This dictionary definitions page includes all the possible meanings, example usage and translations of the word pay down.


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Editors Contribution

  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  

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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. Gavin Newsom:

    This impasse is disrupting the lives of too many kids and their families, last week, I submitted a budget to the Legislature that would make the largest ever investment in K through 12 education, help pay down billions in school district pension debt and provide substantial new funding for special education and early education.

  2. Emma Wild:

    Some companies have used up the good will over renegotiating their covenants or needing various wavers signed around existing (loan) facilities, and have rationalised their capital programmes as best they can, the need to pay down debt and close funding gaps may result in a few bargains that those with capital have been holding out for.

  3. 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.

  4. Emma Wild:

    The need to pay down debt and close funding gaps may result in a few bargains that those with capital have been holding out for.

  5. Ryanair Chief Executive Michael O'Leary:

    Speaking personally I'll be advocating that we use the proceeds to help us pay down aircraft, but there's clearly some interest among our shareholders that they will get some of the proceeds as well, the board I'm sure will be generous and do whatever is in the best interest of Ryanair's shareholders.

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"pay down." Definitions.net. STANDS4 LLC, 2025. Web. 26 Feb. 2025. <https://www.definitions.net/definition/pay+down>.

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