Skip to main content
Glite Dictionary
timely repayment

timely repayment

3.7
Paying back borrowed money by the agreed date
  • noun
translation icon : pago puntual
  • Does that mean that the U.S. cannot have a technical default where the timely repayment of principal and interest on its debt is compromised?

Examples

  • A timely repayment of the mortgage ensures that the bank will not impose penalties.

  • The timely repayment of his student loans helped improve his credit score.

  • She prioritized the timely repayment of all her debts to maintain a good reputation.

Antonyms

default
  • Specialized
74 5.2

Failure to pay money you owe on a loan

How Timely

timely repayment
3.7

Surface Forms

timely repayment singular
timely repayments plural

Morphology

timely + repayment

The meaning is directly compositional: 'timely' (occurring at an appropriate moment) modifies 'repayment' (returning borrowed funds) to indicate paying back by the agreed deadline or within the scheduled period. This is a normal adjective + noun construction common across languages, so a B1 learner who knows both words will readily infer the intended meaning.

Etymology

Timely repayment comes from the simple image of giving money back at the right moment: timely means at the agreed time and repayment is paying money back. So it means returning money 'on time' or 'by the agreed time'.