Paydown
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Paydown is a noun meaning (finance) The reissue of an unpaid debt for less than the initial issue.
Meaning
(finance) The reissue of an unpaid debt for less than the initial issue.
Example Sentences
The significant cash flow of the enlarged entity following a combination would allow for rapid debt paydown and the continued funding of growth initiatives.
Word Forms
- paydowns
Related Words
Related dictionary entries include reimbursement, defrayal, rebate, repayment, refund, redemption.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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