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pay scale
pay television
pay TV
pay up
payable
payback
paycheck
payday
paydown
PAYE
payee
payer
paying guest
payload
paymaster
Paymaster-General
payment
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paydown
pay·down [ páy dòwn ] (plural pay·downs)


noun 
Definition:
 
reduction of debt: the repayment of part of a debt
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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