How Do You Spell PAID DOWN?

Pronunciation: [pˈe͡ɪd dˈa͡ʊn] (IPA)

The spelling of the phrase "paid down" is straightforward once its pronunciation is understood. IPA phonetic transcription, /peɪd daʊn/, shows that the word "paid" has two vowel sounds, /eɪ/, as in "hay", and /ɪ/, as in "sit". The second word, "down", has the vowel sound /aʊ/, as in "house". Both words share the same consonant sounds /p/, /d/, and /n/. When placed together, "paid down" means to reduce the amount owed on a debt or loan by making a payment.

Meaning and Definition
Common Misspellings
Etymology
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PAID DOWN Meaning and Definition

  1. Paid down refers to the act of reducing or decreasing a debt or a loan by making a payment towards the principal balance. When individuals or businesses make payments on a loan or credit facility, the amount paid goes towards the principal amount, which, in turn, reduces the total amount owed. This process is known as paying down the debt.

    Paid down can be used in various financial contexts, such as mortgages, car loans, student loans, or credit card balances. Making regular payments on these obligations helps individuals or organizations to gradually reduce their outstanding debt over a specific period of time.

    The term is especially relevant in the area of interest-bearing loans, where the interest charged is based on the remaining principal balance. By paid down, borrowers are actively reducing the principal amount on which interest is calculated. Consequently, as the principal balance decreases, the amount of interest accrued also reduces, resulting in potential savings over time.

    Paid down is a crucial financial strategy that allows borrowers to eventually repay their debts in full or partly. It demonstrates responsible financial management, as borrowers prioritize regular payments towards their loans. By consistently paying down debts, individuals and businesses can improve their creditworthiness, reduce their financial liabilities, and ultimately achieve financial freedom.

Common Misspellings for PAID DOWN

  • 0aid down
  • pzid down
  • psid down
  • pwid down
  • pqid down
  • paud down
  • pajd down
  • pakd down
  • paod down
  • pa9d down
  • pa8d down
  • pais down
  • paix down
  • paic down
  • paif down
  • pair down
  • paie down
  • paid sown
  • paid xown
  • paid cown
  • paid fown
  • paid rown
  • paid eown
  • paid diwn
  • paid dkwn
  • paid dlwn
  • paid dpwn
  • paid d0wn
  • paid d9wn
  • paid doqn
  • paid doan
  • paid dosn
  • paid doen
  • paid do3n
  • paid do2n
  • paid dowb
  • paid dowm
  • paid dowj
  • paid dowh
  • opaid down
  • poaid down
  • p-aid down
  • 0paid down
  • p0aid down
  • pzaid down
  • pazid down
  • psaid down
  • pasid down
  • pwaid down
  • pawid down
  • pqaid down
  • paqid down
  • pauid down
  • paiud down
  • pajid down
  • paijd down
  • pakid down
  • paikd down
  • paoid down
  • paiod down
  • pa9id down
  • pai9d down
  • pa8id down
  • pai8d down
  • paisd down
  • paids down
  • paixd down
  • paidx down
  • paicd down
  • paidc down
  • paifd down
  • paidf down
  • paird down
  • paidr down
  • paied down
  • paide down
  • paid sdown
  • paid dsown
  • paid xdown
  • paid dxown
  • paid cdown
  • paid dcown
  • paid fdown
  • paid dfown
  • paid rdown
  • paid drown
  • paid edown
  • paid deown
  • paid diown
  • paid doiwn
  • paid dkown
  • paid dokwn
  • paid dlown
  • paid dolwn
  • paid dpown
  • paid dopwn
  • paid d0own
  • paid do0wn
  • paid d9own
  • paid do9wn
  • paid doqwn
  • paid dowqn
  • paid doawn
  • paid dowan
  • paid doswn
  • paid dowsn
  • paid doewn
  • paid dowen
  • paid do3wn
  • paid dow3n
  • paid do2wn
  • paid dow2n
  • paid dowbn
  • paid downb
  • paid dowmn
  • paid downm
  • paid dowjn
  • paid downj
  • paid dowhn
  • paid downh
  • pid down
  • paiddown
  • paid own
  • paid dwn
  • paid don
  • paid dow
  • apid down
  • piad down
  • padi down
  • pai ddown
  • paidd own
  • paid odwn
  • paid dwon
  • paid donw
  • ppaid down
  • paaid down
  • paiid down
  • paidd down
  • paid ddown
  • paid doown
  • paid dowwn
  • paid downn
  • xaid down
  • taid down
  • raid down
  • qaid down
  • piid down
  • peid down
  • pcid down
  • payd down
  • paad down
  • pamd down
  • pahd down
  • pait down
  • pail down
  • paid0down
  • paid town
  • paid lown
  • paid dgwn
  • paid dmwn
  • paid dnwn
  • paid do7n
  • paid dogn
  • paid doun
  • paid dovn
  • paid dowf
  • paid dowl
  • paid dowo
  • peiddown
  • paidedown
  • pa id down
  • pai d down
  • paid d own
  • paid do wn
  • paid dow n

Etymology of PAID DOWN

The phrase "paid down" is not a word in itself but rather a combination of two separate words: "paid" and "down".

1. Paid: The word "paid" is the past tense and past participle of the verb "pay". It originated from the Latin word "pacare", meaning "to satisfy" or "to pay off". The Middle English version of "paid" was often spelled as "paied" or "payed" and eventually evolved to its current form.

2. Down: The word "down" originated from Old English as "dūne" or "dūna", meaning "hill" or "elevation". Over time, it began to take on further meanings such as "low" or "lower". In the context of "paid down", "down" most likely refers to a reduction in an amount or balance.