pay off (1)

This page is about the phrasal verb pay off (1).

Meaning: If you pay off a loan, you pay it back in installments over a period of time.

For example:

  • pay sth off They took out a loan to buy their house and they'll pay it off over the next twenty-five years.

  • pay off sth Have you paid off your car loan yet, or do you still owe some money to the bank?

  • be paid off If we keep giving the bank a thousand dollars a month, our credit cards will be paid off by the end of next year.

Nouns often used as objects with pay off (1): loan, mortgage, debt, house, car, credit card

Quick Quiz:

If you can't pay off the loan you took out to buy your house, you'll

a. own it

b. rent it

c. lose it

Phrasal verbs grammar

1000 Phrasal Verbs in Context ebook

Phrasal Verb of the Day

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Contributor: Matt Errey