English - English
Definition of paydown in English English dictionary
- A regularly scheduled repayment of principal on mortgage and asset-backed securities (usually occurs monthly)
- In a Treasury refunding, the amount by which the par value of the securities maturing exceeds that of those sold Used in the context of general equities To pay a lesser price in an accumulation of stock Antithesis of pay up
- In a Treasury refunding, the amount by which the par value of the securities maturing exceeds that of those sold