pay down

verb

To partially repay (a loan or, metonymically, the thing financed by it).

“He paid down his loan for the first five months.”

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Meanings

verbpay down (third-person singular simple present pays down, present participle paying down, simple past and past participle paid down)

present singular third person pays down · participle present paying down · participle past paid down · past paid down

  1. transitiveTo partially repay (a loan or, metonymically, the thing financed by it).

    He paid down his loan for the first five months.

    1 more example

    He ought to pay down his car before he even thinks about buying any more collectibles.

Cite this entry
APA

pay down. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/pay%20down

MLA

“pay down.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/pay%20down. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “pay down,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/pay%20down.

Source: pay down on Wiktionary, CC BY-SA 4.0.