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. Randy Smallwood:

    Antomina has always been right at the top of our list, it is one of the best mines in the world, we had talked to Glencore in the past - about four or five times - just bringing it up as a possible opportunity. But at the time they just didn't have a need for capitalThen they did have a need for capital, in terms of trying to pay down their debt. All of a sudden there was interest in doing a stream on Antomina.

  2. Sean McQuay:

    People just don't want to enter into a relationship with someone with debt, individuals should always be looking to pay down debts, but that apparently goes double if you are looking for a relationship. You are making yourself more marketable.

  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. 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.

Translation

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"pay down." Definitions.net. STANDS4 LLC, 2024. Web. 2 May 2024. <https://www.definitions.net/definition/pay+down>.

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