pay down sth

UK US pay down sth
Phrasal Verb with pay({{}}/peɪ/ verb (paid, paid)
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 of almost $400m.

Compare PAYDOWN(Cf. ↑paydown)

Financial and business terms. 2012.

Look at other dictionaries:

  • 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 — ▪ 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

  • down — ▪ I. down down 1 [daʊn] adverb 1. if an amount or the level of something goes down, it falls to a lower amount or level: • By lunchtime, the 100 index was down 4.2 at 3053.1. • 59% of companies report sales volume down on a year ago. • The cuts… …   Financial and business terms

  • pay sth down — UK US pay sth down Phrasal Verb with pay({{}}/peɪ/ verb (paid, paid) ► COMMERCE to pay a part of the total cost of something when you buy it. The rest of the cost is usually paid over a period of time: »You can pay £500 down on the car now, and… …   Financial and business terms

  • down — down1 W1S1 [daun] adv, prep, adj ▬▬▬▬▬▬▬ 1¦(to a lower position)¦ 2¦(in a lower place)¦ 3¦(to lie/sit)¦ 4¦(along)¦ 5¦(south)¦ 6¦(somewhere local)¦ 7¦(river)¦ 8¦(fastened to a surface)¦ 9¦(less)¦ 10¦(losing)¦ …   Dictionary of contemporary English

  • down — 1 /daUn/ adverb 1 from above towards a lower place or position: David bent down to tie his shoelace. | The sun beat down on their heads all day long. 2 at a lower place or position than usual: You can t cross here, the bridge is down. 3 at or… …   Longman dictionary of contemporary English

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

  • cash down — With payment at the time of purchase • • • Main Entry: ↑cash * * * cash ˈdown idiom (BrE) (also ˌcash up ˈfront …   Useful english dictionary

  • put sth down — UK US put sth down Phrasal Verb with put({{}}/pʊt/ verb (putting, put, put) ► to pay part of the cost of something and promise to pay the rest later: »We will give a €30 gift card to customers who put down a deposit on a new TV. ► UK (US bring… …   Financial and business terms

  • draw down — transitive verb 1. : to be the cause of : attract their behavior drew down a storm of protest 2. : earn, receive drew down full pay 3. : expend …   Useful english dictionary

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