paydown

Valid in Scrabble

Scrabble points
16
Words With Friends
17
Letters
7

Definition of paydown

1 sense · 1 part of speech · etymology included

noun

  1. (countable, uncountable)The reissue of an unpaid debt for less than the initial issue.
    “The significant cash flow of the enlarged entity following a combination would allow for rapid debt paydown and the continued funding of growth initiatives.”

Definitions from Wiktionary, CC BY-SA.

Etymology

Deverbal from pay down.

Hooks

1 extension · 1 back

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