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. 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.

  2. Chief Executive Flemming Ornskov:

    This is a totally different scale and you need a bit more patience, you need a bit more time. In the end we will deliver the same outcome: we will pay off the debt and we will improve margins, the Street is wanting to see quarter-by-quarter that we can actually integrate this business, that we haven't over-stretched and can pay down debt.

  3. 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.

  4. Chris Christopher:

    Most likely, Americans are using their pump price savings to pay down debt, increase the money they put aside and for dining out.

  5. Dimitrios Malisiovas:

    Since professional soccer started in 1979, the problem has always been there. Violence and corruption, it’s a bit like the Greek national debt: Too hard to pay down. Or like Hercules in ancient mythology trying to cut the head off the monster, only to see another appear. But that’s what we need to fix this problem, another Hercules. Someone who is fearless and determined.

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"pay down." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/pay+down>.

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