pay something down

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. 2012.

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  • 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

  • knock something down — 1》 (at an auction) confirm a sale by a knock with a hammer.     ↘informal reduce the price of an article. 2》 US informal earn a specified sum as a wage. 3》 Austral./NZ informal spend a pay cheque freely. → knock …   English new terms dictionary

  • lay something down — 1》 formulate and enact a rule or principle. 2》 begin to construct a ship or railway. 3》 build up a deposit of a substance. 4》 store wine in a cellar. 5》 pay or bet money. 6》 informal record a piece of music. → lay …   English new terms dictionary

  • put something down — 1》 suppress a rebellion or riot by force. 2》 kill an animal because it is sick, injured, or old. 3》 pay a specified sum as a deposit. 4》 preserve or store food or wine for future use. → put …   English new terms dictionary

  • pay down something — pay down (something) to reduce the total amount of money owed. If this trend continues, the government could start paying down the national debt. We ve got a big mortgage on the house and want to pay it down as quickly as we can. Usage notes:… …   New idioms dictionary

  • pay down — (something) to reduce the total amount of money owed. If this trend continues, the government could start paying down the national debt. We ve got a big mortgage on the house and want to pay it down as quickly as we can. Usage notes: most often… …   New idioms 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

  • pay — pay1 [ peı ] (present participle paying; past tense and past participle paid [ peıd ] ) verb *** 1. ) intransitive or transitive to give money in order to buy something: pay for: Let me pay for dinner. pay someone for something: Can I pay you for …   Usage of the words and phrases in modern English

  • down — down1 [ daun ] function word *** Down can be used in the following ways: as a preposition (followed by a noun): She was walking down the street. as an adverb (without a following noun): She lay down and fell asleep. after the verb to be : Oil… …   Usage of the words and phrases in modern English

  • down — I UK [daʊn] / US adjective, adverb, preposition *** Summary: Down can be used in the following ways: as a preposition (followed by a noun): She was walking down the street. as an adverb (without a following noun): She lay down and fell asleep.… …   English dictionary

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