pay down

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Related to Paydown: Paydown Factor

pay 1

 (pā)
v. paid (pād), pay·ing, pays
v.tr.
1. To give money to in return for goods or services rendered: pay the cashier.
2. To give (money) in exchange for goods or services: paid four dollars for a hamburger; paid an hourly wage.
3. To discharge or settle (a debt or obligation): paying taxes; paid the bill.
4. To bear (a cost or penalty, for example) in recompense: She paid the price for her unpopular opinions.
5. To yield as a return: a savings plan that paid six percent interest.
6. To afford an advantage to; profit: It paid us to be generous.
7. To give or bestow: paying compliments; paying attention.
8. To make (a visit or call).
9. Past tense and past participle paid or payed (pād) To let out (a line or cable) by slackening.
v.intr.
1. To give money in exchange for goods or services.
2. To discharge a debt or obligation.
3. To bear a cost or penalty in recompense: You'll pay for this mischief!
4. To be profitable or worthwhile: It doesn't pay to get angry.
adj.
1. Of, relating to, giving, or receiving payments.
2. Requiring payment to use or operate: a pay toilet.
3. Yielding valuable metal in mining: a pay streak.
n.
1. The act of paying or state of being paid.
2. Money given in return for work done; salary; wages.
3.
a. Recompense or reward: Your thanks are pay enough.
b. Retribution or punishment.
4. Paid employment: the workers in our pay.
5. A person considered with regard to his or her credit or reliability in discharging debts.
Phrasal Verbs:
pay back
1. To pay or return (what is owed as a debt).
2. To repay (a person who is owed a debt).
3. To give recompense to; reward: How can we ever pay you back for what you've done for us?
4. To reciprocate; return: pay back a kindness.
5. To retaliate against or get revenge upon.
pay down
To reduce (a debt) through payment.
pay off
1. To pay the full amount on (a debt).
2. To result in profit or advantage; succeed: Your efforts will eventually pay off.
3. To pay the wages due to (an employee) upon discharge.
4. To pay (a plaintiff) to settle a lawsuit out of court.
5. To bribe.
6. Nautical To turn or cause to turn (a vessel) to leeward.
pay out
1. To give (money) out; spend.
2. To let out (a line or rope) by slackening.
pay up
To give over the full monetary amount demanded.
Idioms:
pay (one's) dues
To earn a given right or position through hard work, long-term experience, or suffering: She paid her dues in small-town theaters before being cast in a Broadway play.
pay (one's) way
To contribute one's own share; pay for oneself.
pay the piper
To bear the consequences of something.
pay through the nose Informal
To pay excessively.

[Middle English paien, from Old French paiier, from Late Latin pācāre, to appease, from Latin, to pacify, subdue, from pāx, pāc-, peace; see pag- in Indo-European roots.]

pay 2

 (pā)
tr.v. payed or paid (pād), pay·ing, pays
To coat or cover (seams of a ship, for example) with waterproof material such as tar or asphalt.

[Obsolete French peier, from Old French, from Latin picāre, from pix, pic-, pitch.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

pay down

vb
(Commerce) (adverb) to pay (a sum of money) at the time of purchase as the first of a series of instalments
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
This guidance takes into account the impact of the paydown on the company's interest expense in fiscal 2020.
The companies are launching a joint initiative using AI and gamification to help BayPort's 140,000 members discover the mindset of their finances with a USD 50,000 Debt Paydown Sweepstakes to drive user engagement.
"However, the biggest paydown doesn't necessarily mean the greatest debt burden.
Increased Credit Enhancement: The repayment of three loans since the last rating action has contributed $31.5 million of principal paydown and increased credit enhancement offsetting some of the concern regarding the FLOCs and increased loss expectations.
Hoboken-based Newell Brands anticipates $2.5 billion of after-tax proceeds, subject to adjustments, and expects to use the proceeds for debt paydown and share repurchase.
The company, which offers comparisons of various credit cards, reported that skimpy paydown amount followed a year during which some $71 billion in debt was added to cards.
The SmarterBucks program complements Gradifi's Employer SLP Plans (Student Loan Paydown), announced last month.
Not only is this the largest second-quarter binge since the study began in 2009, but it erased nearly the entire Q1 paydown and put consumers on pace to end the year with a more than $60,000,000,000 increase in credit card debt.
* Benjamin Keys, University of Chicago, and Jialan Wang, Consumer Financial Protection Bureau, "Perverse Nudges: Minimum Payments and Debt Paydown in Consumer Credit Cards"
The first debt scenario we apply assumes that families offset any principal paydown since 2010 with new borrowing, so that overall (nominal) debt is held constant.
The district courts of appeal have long agreed that the paydown of a mortgage with marital funds on nonmarital property during a marriage is a marital asset.