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Pay down Meaning in English

expression

ˈpeɪ/ /ˈdaʊn
PAY-down
pˈeɪ/ /dˈaʊn
PAY-down

Definição

To pay part of the total amount you owe on a debt, such as a loan or mortgage, to reduce the remaining balance.

Uso & Nuances

Common in financial contexts. Used for loans, mortgages, and credit cards; does not mean full repayment. Often used with amounts: 'pay down $500.' Formal and business contexts, less common in casual speech.

Frases de Exemplo

I want to pay down my credit card debt this year.

basic

She is trying to pay down her student loan.

basic

You can pay down your car loan faster by making bigger payments.

basic

After getting a bonus, I decided to pay down part of my mortgage.

natural

We're working hard to pay down our debts before the end of the year.

natural

If you can pay down a little extra each month, you’ll be debt-free sooner.

natural