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paydown

noun

Etymology

Deverbal from pay down.

Definitions

  1. 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.

The neighborhood

Vish — recursive loop

No curated loop yet for paydown. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA