PAYDOWN

Etymology

Noun

paydown (countable and uncountable, plural paydowns)

(economics) The reissue of an unpaid debt for less than the initial issue

Source: Wiktionary



RESET




Word of the Day

15 May 2025

PARSIMONIOUS

(adjective) excessively unwilling to spend; ā€œparsimonious thrift relieved by few generous impulsesā€; ā€œlived in a most penurious manner--denying himself every indulgenceā€


coffee icon

Coffee Trivia

Coffee is among the most consumed beverages worldwide. According to Statista, an average person consumes roughly 42.6 liters of coffee per year.

coffee icon