Usually means: Reduction of outstanding loan principal.
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We found 8 dictionaries that define the word paydown:

General (4 matching dictionaries)
  1. paydown: Longman Dictionary of Contemporary English
  2. paydown: Wordnik
  3. paydown: Wiktionary
  4. paydown: Dictionary.com

Business (4 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Paydown: bizterms.net
  3. Paydown: Investopedia
  4. Paydown: Financial dictionary

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Definitions from Wiktionary (paydown)

▸ noun:  (finance) The reissue of an unpaid debt for less than the initial issue.

Similar:
dation in payment, buydown, counterpayment, repayment, back payment, down payment, rebate, load shedding, set-off, duebill, more...

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Similar:
dation in payment, buydown, counterpayment, repayment, back payment, down payment, rebate, load shedding, set-off, duebill, more...



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