paydown

P3A1Y4D2O1W4N1

noun

The reissue of an unpaid debt for less than the initial issue.

Scrabble 16

Meanings

nounpaydown (countable and uncountable, plural paydowns)

plural paydowns

  1. countableuncountablebusinessThe reissue of an unpaid debt for less than the initial issue.

    The significant cash flow of the enlarged entity following a combination would allow for rapid debt paydown and the continued funding of growth initiatives.

    2009 September 7, “Letters to Cadbury: 'I would ask you to reconsider your rejection ... '”, in Guardian

Origin

Cite this entry
APA

paydown. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/paydown

MLA

“paydown.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/paydown. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “paydown,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/paydown.

Source: paydown on Wiktionary, CC BY-SA 4.0.