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By Jon Fernquest

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[Thai Economics Library | Archives (for history)]
February 18, 2009

paydown

Pay down debt 

pay down debt (verb) - reduce the amount of borrowed money that you owe people

pay down principal on a loan - reduce the amount originally borrowed (principal) so that interest payments (debt service) are less

service debt, service a loan - pay interest on money that has been borrowed

to find the money to save, they need to pay down debt

pay down the balance on your credit card
rein in your spending and pay down the outstanding balances on your credit cards

liquidate real estate to pay down debt

debt payments now must go just to pay interest with only one-third left to pay down principal

pay down an outstanding bill
an open-ended installment plan allowing her to pay down her huge $6,000 bill
stock could be used to obtain financing, to raise capital and to pay down debt

using the cash to pay down debt
generate enough cash from its operations to pay down its debt quickly

pay down long-term debt
use some of the proceeds to help pay down its $ 4.5 billion in long-term debt

pay down high interest rate junk debt

pay down the government deficit

continue to pay down debt, because arithmetic, society and law all push them to do that

pay down debt in order to reinvest
A lot of small companies won't have to pay down debt, so they can reinvest to keep growing

Watanabe's main banker, will dispose of some of his real estate to pay down his debt

pay down crushing debt
now come the asset sales to pay down crushing junk debt

pay down debt and buy back stock

pay down huge debts built up over the years

cut back on their consumption to pay down their debt

balance the budget and pay down the debt
credit is itself suspect with consumers and government trying to pay down their debts

people using their retirement money to pay down mortgages


Example sentences:

Now is the perfect time to rein in your spending and pay down outstanding balances on your bank cards

if a leveraged corporation survives the three to five years it takes to pay down its high-interest (or " junk ") debt, then it is worth considering

companies are scrambling, after three fat years, to keep up capital investments or pay down leveraged buyout debt (LBO) debt

Montgomery Ward's net interest expense, $59 million in 1989, but also to pay down debt, down $200 million from two years ago

simply sell off enough downtown sites in places like Los Angeles and San Francisco to pay down the $700 million bank loan

They pay down as much as possible in the spring when they get two big windfalls

not making any new movies and selling off those actually in production to help pay down some of its debt

People are in debt to their eyes and they will continue to pay down debt, because arithmetic, society and law all push them to do that

Biweekly mortgages often have a processing fee, which you can use to pay down the principal yourself

They'll use their share of the stimulus money instead to pay down debts

This was not a way to pay down the deficit. This was a trick on the American people

Cash-rich companies -- especially those using the bounty to pay down debt and buy back stock

Many were hoping to pay down huge debts built up in the 1980s

Congress has a compulsion to take new tax revenues, spend them and not pay down the debt

we won't be able to balance the budget and pay down the debt, and we will continue to hurt millions of American people

there's no plan to balance the budget and pay down the debt

They've cut back on their consumption. They've tried to pay down their debts, and that reduces demand

we pay down the debt, pay down the deficit, pass on a better life to future generations

But to find the money to save, they need to pay down debt

Some people want to use their retirement money to pay down mortgages, even though interest rates are low now

credit itself is increasingly suspect, with consumers and the Government trying to pay down their debts

Vice President Gore, already has helped to shrink bureaucracy and free up money to pay down the deficit and invest in our people

approved an open-ended installment plan allowing her to pay down her resulting $6,000 bill

RJR stock could be used to obtain financing, to raise capital and to pay down debt

Sprint also might use some of the proceeds to help pay down its $ 4.5 billion in long-term debt

To tap investor enthusiasm, raise new capital, pay down debt and buy new properties at still-depressed prices

Kmart sold more than $2.5 billion in assets, using the cash to pay down debt and finance capital spending and depreciation

Service concluded that Lyondell will be able to generate enough cash from its operations to pay down its debt quickly

Your best move is to use a low-rate card to pay down your balances in six months or so, if you can

debt payments now must go just to pay interest. Only one-third is left to pay down principal. In 1970, that ratio was reversed

If we would pay down the national debt and stop spending 30 percent of our taxes simply to service debt

Let's pay down the national debt. Let's put our money where our mouth is



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