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pay down

Phrasal-verb Finance

Meaning

to reduce a debt gradually by making regular payments

Example Sentences

"She’s trying to pay down her credit card debt."

Related Expressions

back up ideas

to support or defend someone’s ideas or opinions

get rid of

to remove or eliminate something unwanted

fill up with

to become full or crowded with something

shoot up

to rise suddenly and quickly

drive up demand

to increase the desire or need for something

step in for

to take someone’s place to handle a situation