pay down something

pay down something
pay down (something) to reduce the total amount of money owed.

If this trend continues, the government could start paying down the national debt.

We've got a big mortgage on the house and want to pay it down as quickly as we can.

Usage notes: most often used in connection with large debts

New idioms dictionary. 2014.

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Look at other dictionaries:

  • pay down — (something) to reduce the total amount of money owed. If this trend continues, the government could start paying down the national debt. We ve got a big mortgage on the house and want to pay it down as quickly as we can. Usage notes: most often… …   New idioms dictionary

  • boil down something — boil down (something) to reduce something to its most basic or important parts. I am supposed to boil down this ten page report to half a page. The whole question boils down to how will we pay for this? …   New idioms dictionary

  • plunk down something — ˈplunk down sth derived to pay money for sth, especially a large amount Main entry: ↑plunkderived …   Useful english dictionary

  • pay — ▪ I. pay pay 1 [peɪ] noun [uncountable] the money someone receives for the job they do: • She got the job, but it meant a big pay cut. • an increase in hourly pay • All I want is a full day s work for a full day s pay …   Financial and business terms

  • pay — pay1 [pā] vt. paid or [Obs.] (except in phrase PAY OUT, sense 2)Obs. payed, paying [ME paien, to pay, satisfy < OFr paier < L pacare, to pacify < pax,PEACE] 1. to give to (a person) what is due, as for goods received, services rendered,… …   English World dictionary

  • pay something down — ˌpay sthˈdown derived (NAmE) to reduce an amount of money that you owe by paying some of it • She used the money to pay down her mortgage. Main entry: ↑payderived …   Useful english dictionary

  • pay — pay1 [ peı ] (present participle paying; past tense and past participle paid [ peıd ] ) verb *** 1. ) intransitive or transitive to give money in order to buy something: pay for: Let me pay for dinner. pay someone for something: Can I pay you for …   Usage of the words and phrases in modern English

  • down — down1 [ daun ] function word *** Down can be used in the following ways: as a preposition (followed by a noun): She was walking down the street. as an adverb (without a following noun): She lay down and fell asleep. after the verb to be : Oil… …   Usage of the words and phrases in modern English

  • down — I UK [daʊn] / US adjective, adverb, preposition *** Summary: Down can be used in the following ways: as a preposition (followed by a noun): She was walking down the street. as an adverb (without a following noun): She lay down and fell asleep.… …   English dictionary

  • down — I [[t]da͟ʊn[/t]] PREPOSITION AND ADVERB USES ♦ (Down is often used with verbs of movement, such as fall and pull , and also in phrasal verbs such as bring down and calm down .) 1) PREP To go down something such as a slope or a pipe means to go… …   English dictionary

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