pay down

At least in part, this reflects that more individuals have cut spending and paid down debt in response to the recession.

But if Brown-Forman were for sale in a few years it might by then have paid down enough debt to make a bid.

Another fifth of the total paid down debt , thus boosting spending indirectly, while 45 per cent was invested .

The national debt must be paid down rather than endlessly increased, or we'll soon face national bankruptcy.

American Express's borrowers paid down 23. 8% of their balances in April, down from 25% a year ago, according to Oppenheimer.

After the scare of the collapses of Enron and WorldCom, they paid down debt and amassed cash in case they suffered a similar crisis.

Conversely, Capital One borrowers paid down 18. 5% of their balances last month, up from 17. 6% a year earlier.

'Keep your head down, build value for yourself and eventually you will get paid down the road, ' he says.

He planned to keep the house for 12 years and to let the mortgage get paid down faster.

If the Western world faces an era of austerity as debts are paid down, how will that affect day-to-day life?

But after the war, high growth paid down the debt, which was nearly twice the level of the current debt relative to GDP.

Instead, they paid down debt, purchased their own stock, and held cash.

After 2007 it slowed abruptly and even went negative (homeowners paid down debt) in 2009.