pay something down

pay something down
pay something down
1. Lit. to make a deposit of money on a purchase. •

You will have to pay a lot of money down on a car that expensive.

I only paid down a few thousand dollars.

2. Fig. to reduce a bill by paying part of it, usually periodically. •

I think I can pay the balance down by half in a few months.

I will pay down the balance a little next month.


Dictionary of American idioms. 2013.

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Look at other dictionaries:

  • 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

  • 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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