pay down
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English[edit]
Verb[edit]
pay down (third-person singular simple present pays down, present participle paying down, simple past and past participle paid down)
- (transitive) To partially repay (a loan or, metonymically, the thing financed by it).
- Coordinate term: pay off
- He paid down his loan for the first five months.
- He ought to pay down his car before he even thinks about buying any more collectibles.
Derived terms[edit]
- paydown (noun)
Related terms[edit]
- down payment
- pay back (verb)