spend down

UK
/spɛnd daʊn/
US
/spɛnd daʊn/

Translations

spend downverb
spent down
Past Simple
spent down
Past Participle
spending down
Gerund
UK
/spɛnd daʊn/
US
/spɛnd daʊn/
They need to spend down their savings before the end of the year.
Им нужно потратить свои сбережения до конца года.
The company plans to spend down its budget surplus.
Компания планирует израсходовать свой бюджетный профицит.
Additional translations

Definitions

spend downverb
To reduce the amount of money or resources by spending them, often to qualify for certain benefits or to manage finances.
The family had to spend down their savings to qualify for the financial aid program.