Pay down

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Revision as of 14:40, 9 September 2017 by imported>Doug Williamson (Add final sentence about timing of repayments.)
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Borrowings management

To pay down debt means repaying the principal, in full or in part.

The paying down may be in accordance with a schedule agreed at the outset of the borrowing, or it may be faster repayment than originally envisaged.


See also