
Pay down
Financial Focus
Used when discussing money management, especially paying off debt.

She aims to pay down her credit card balances first.
Long-Term Process
Suggests an ongoing effort, not a single payment.

I plan to pay down my car loan over the next five years.
Budget Planning
Often implies intentional budgeting to reduce debt steadily.

They're budgeting extra each month to pay down their mortgage.
WordUp Chrome Extension
As you browse the web instantly look up words you don’t know.
Get Chrome Extension