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repayment

repayment

34 2.9
Money you return after you borrowed it
  • noun
  • /rɪˈpeɪmənt/
translation icon : pago
  • She set up a strict schedule for repayment of the loan she took to buy her car.
  • loan repayment
  • debt repayment
  • repayment option

There's a promise of repayment or substitution, right?

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Examples

  • Most of the students continued to borrow while holding misconceptions about loans and the repayment process.

    Academic text (2015)
  • The mortgage repayments were made three days ago.

  • Make sure you get an in writing repayment plan that you can work with.

  • You have to set terms like, you know, what point the repayment start, is it when people hit a certain amount of money?

  • Maybe, just maybe you could make the repayment this month?

  • Now I'm asking for repayment.

  • Set up an automatic debt repayment programme and then start to focus on prosperity.

  • Now, we need full repayment of your dues by the first of next month.

  • The federal rate is based on borrowers who have been in repayment for three years.

    Academic text (2017)
  • They'll pull that information for you and then they'll give your repayment options.

Synonyms

payment
vsrepayment
51 1.0

Something done or given to return help and make up for harm

is specifically the act of returning borrowed or owed money
redemption
vsrepayment
  • Formal
3 6.0

Paying back the original money you borrowed on a loan or bond

is broader, covering any return of borrowed money, not just principal or securities
payoff
vsrepayment
2 3.9

Final amount you give to finish a debt

is a general act of returning borrowed money, not only the final sum
quittance
vsrepayment
  • Archaic
1 9.9

The act of paying back money you owe so the debt ends

is the general act of returning borrowed money without formal release

Antonyms

to default
  • Specialized
55 6.7

Fail to pay money you owe on a loan

Compounds

repayment schedule
  • Specialized
1 3.9

An agreed plan showing when and how much to pay back a loan

repayment rate
  • Specialized
1 3.6

The amount of money you pay back for a loan during a set time

Paying back borrowed money by the agreed date

How Complete

to pay off
153 2.7
settlement
  • Specialized
34 3.5
repayment
34 2.9

Surface Forms

repayment singular
repayments plural

Morphology

repayment = repay (transparent) = re + pay + ment

This is a regular noun formation from the verb 'repay' meaning the act or instance of paying back.

Etymology

Repayment comes from the prefix re- meaning 'again', the verb pay meaning 'to give money', and the ending -ment that makes a noun. So repayment is the act of 'paying again', giving money back for what you borrowed.