WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from the Web

Term: Pay off Debt

Description:

Pay off debt refers to the process of repaying a financial obligation or loan in its entirety. It involves settling the entire outstanding balance, including any accrued interest, fees, or penalties.

Sample Sentences:

1. He worked tirelessly to pay off his student loan debt.
2. They implemented a strict budget to ensure they could gradually pay off their credit card debts.
3. By making consistent monthly payments, she was able to pay off her car loan earlier than expected.
4. The company devised a plan to pay off its outstanding debts within the next three years.
5. It took years of discipline and determination, but they finally managed to pay off all their mortgage debt.

Possible Related Products on Amazon:

 Personal Finance Books

 Debt Payoff Planner