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Meaning of paydown | Babel Free

Noun CEFR B1

Definitions

The reissue of an unpaid debt for less than the initial issue.

countable, uncountable

Examples

“The significant cash flow of the enlarged entity following a combination would allow for rapid debt paydown and the continued funding of growth initiatives.”

CEFR level

B1

Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.

See also

PAYE Payed Payee payeeship Payen Payen Ghaut