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Definitions

pay down



Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

A large tax refund is not free money to pay down your credit card or an annual bonus so you can take a holiday; it’s an interest-free loan you have given the government.

From MarketWatch • Mar. 27, 2026

The company said it plans to use proceeds from the sales to pay down debt.

From The Wall Street Journal • Mar. 5, 2026

Paramount relies heavily on cable channel profits to pay down debt and said Monday there were no plans to sell any cable channels.

From Los Angeles Times • Mar. 2, 2026

Investors rely on it as a proxy for the discretionary cash a company has left over after reinvesting in its business to reward shareholders or pay down debt.

From The Wall Street Journal • Feb. 23, 2026

Many other Monticello people were later sold to pay down Jefferson’s debts.

From "In the Shadow of Liberty" by Kenneth C. Davis