Synonyms for pay down
pay down

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1. pay down

   Synonyms:
   pay on the spot, pay on delivery

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How to use pay down in a sentence?

1. Jonathan Whitehead:

   Many E&P firms are looking at financial optimization and rebalancing their debt, future investment and hedging activities. If you are massively in-the-money on your hedges, it might make sense to reset strikes and pay down debt, particularly if you are paying off some of the covenants that are more restrictive.

2. Chris Christopher:

   Most likely, Americans are using their pump price savings to pay down debt, increase the money they put aside and for dining out.

3. Ryanair Chief Executive Michael O'Leary:

   Speaking personally I'll be advocating that we use the proceeds to help us pay down aircraft, but there's clearly some interest among our shareholders that they will get some of the proceeds as well, the board I'm sure will be generous and do whatever is in the best interest of Ryanair's shareholders.

4. Lawrence Yun:

   Owning a home continues to be a proven method for building long-term wealth, home values generally grow over time, so homeowners begin the wealth-building process as soon as they make a down payment and move to pay down their mortgage.

5. Emma Wild:

   Some companies have used up the good will over renegotiating their covenants or needing various wavers signed around existing (loan) facilities, and have rationalised their capital programmes as best they can, the need to pay down debt and close funding gaps may result in a few bargains that those with capital have been holding out for.