English version

pay down something

From Longman Business Dictionarypay down something phrasal verb [transitive] American EnglishFINANCE to pay a person or company part of the money you owe them, reducing the total owedAmericans paid down their installment credit balances last month by $1 billion.The money will be used primarily to pay down short-termdebt. pay→ See Verb table
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Verb table
pay
Simple Form
Present
I, you, we, theypay
he, she, itpays
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Past
I, you, he, she, it, we, theypaid
Present perfect
I, you, we, theyhave paid
he, she, ithas paid
Past perfect
I, you, he, she, it, we, theyhad paid
Future
I, you, he, she, it, we, theywill pay
Future perfect
I, you, he, she, it, we, theywill have paid
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Continuous Form
Present
Iam paying
he, she, itis paying
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you, we, theyare paying
Past
I, he, she, itwas paying
you, we, theywere paying
Present perfect
I, you, we, theyhave been paying
he, she, ithas been paying
Past perfect
I, you, he, she, it, we, theyhad been paying
Future
I, you, he, she, it, we, theywill be paying
Future perfect
I, you, he, she, it, we, theywill have been paying
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