Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,685,948 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Paydown
(redirected from Paying Down)

     0.01 sec.
Paydown
1. A payment on the interest and/or principal on a loan; debt service.

2. When a bond is called or matures and a new one is issued, the amount by which the face value of the old issue exceeds the face value of the new one. This represents a reduction in the issuer's debt. If a company pays out $10,000,000 in bond maturities and then issues $7,000,000 in new bonds, this is an example of paydown, because the company now has $3,000,000 less in debt.
paydown
In a corporate or U.S. Treasury refunding, the amount by which the face value of the bonds being refunded exceeds the par value of the new bonds being sold. The paydown represents the amount by which the debt is reduced.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Padding emergency savings, establishing or boosting an IRA, and paying down high interest rate debt are all great uses.
Only Seven Percent of Americans to Use Tax Refunds on 'Fun' Activities by PR Newswire
The US faces a "conundrum" because it needs to pay down its massive government debt but that paying down debt quickly may hurt growth needed to achieve prosperity.
Economy won't go back to old ways: Citi CEO by AFP / AFP American Edition
The US faces a "conundrum" because it needs to pay down its massive government debt but that paying down debt quickly may hurt growth needed to achieve prosperity.
Economy won't go back to old ways: Citi CEO by AFP / AFP Global Edition
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.