pay down

pay down
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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Synonyms:

Look at other dictionaries:

  • pay down — 1. To pay (eg a first instalment) in cash on the spot 2. To pay back debt • • • Main Entry: ↑pay …   Useful english dictionary

  • pay down — pay more, pay off    Interest rates are high, so let s pay down our mortgage …   English idioms

  • pay down — {v. phr.} 1. To give as a deposit on some purchase, the rest of which is to be paid in periodic installments. * / How much can you pay down on the house, sir? the realtor asked./ 2. To decrease a debt with periodical payments. * /I d like to pay… …   Dictionary of American idioms

  • pay down — {v. phr.} 1. To give as a deposit on some purchase, the rest of which is to be paid in periodic installments. * / How much can you pay down on the house, sir? the realtor asked./ 2. To decrease a debt with periodical payments. * /I d like to pay… …   Dictionary of American idioms

  • pay\ down — v. phr. 1. To give as a deposit on some purchase, the rest of which is to be paid in periodic installments. How much can you pay down on the house, sir? the realtor asked. 2. To decrease a debt with periodical payments. I d like to pay down the… …   Словарь американских идиом

  • 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:… …   New idioms dictionary

  • pay down — Pay on the spot, pay on delivery …   New dictionary of synonyms

  • pay down sth — UK US pay down sth Phrasal Verb with pay({{}}/peɪ/ verb (paid, paid) US ► FINANCE to pay part of an amount of money that you have borrowed, reducing the total debt: »The group is expected to sell its television assets to begin to pay down debts… …   Financial and business terms

  • pay down — /peɪ daυn/ verb ♦ to pay money down to make a deposit ● They paid £50 down and the rest in monthly instalments …   Marketing dictionary in english

  • pay down — /peɪ daυn/ verb ♦ to pay money down to make a deposit ● They paid £50 down and the rest in monthly instalments …   Dictionary of banking and finance

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