pay down
(adverb) to pay (a sum of money) at the time of purchase as the first of a series of instalments
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
How to use pay down in a sentence
They would apply for and receive low-spending-limit cards, make a few small purchases and pay down the balance.
How to Commit a $200 Million Scam: Inside the Year’s Most Shocking Credit Card Fraud | Daniel Gross | February 6, 2013 | THE DAILY BEASTI spent years on an excruciatingly tight budget, using every freelance check I got to pay down a little more principle.
More on Whether We're Paying too Much for College | Megan McArdle | September 11, 2012 | THE DAILY BEASTIt used those funds to pay down the loans it took from the Fed.
Over time, the two Maiden Lane entities used the cash raised from interest payments and asset sales to pay down the debt.
He should detail a balanced bipartisan plan to pay down the deficit and debt—this matters to independents and swing voters.
Obama Needs a Second-Term Agenda in His Democratic Convention Speech | John Avlon | September 6, 2012 | THE DAILY BEAST
They pay down a certain sum, as caution-money, to some mandarin, and the latter answers for them.
A Woman's Journey Round the World | Ida PfeifferAnd when he was unable to do that, Hipparchus would not pay down his silver, until he could make further inquiry.
The Inhumanity of Socialism | Edward F. AdamsThere is nothing that looks so respectable as being able to pay down, say, ten thousand pounds, when you are called upon.
Grif | B. L. (Benjamin Leopold) FarjeonI offered him any money in reason, I would pay any sum they might fix, pay down on the nail and give my bond for the rest.
The Passenger from Calais | Arthur GriffithsIt is only a home for those who can pay down for their accommodation.
The Log of a Sea-Waif | Frank T. Bullen
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