paydown en · NOUN
Etymology
Deverbal from pay down.
Meanings
-
(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.
2009 September 7, “Letters to Cadbury: 'I would ask you to reconsider your rejection ... '”, in Guardian:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| paydowns | Number=Plur | lexicographic |