Tools: Learn New Words | Secure Password Generator | Startup Tools | PDF Generator

Repayment (Noun)

Payment of a debt or obligation.

Nouns denoting possession and transfer of possession.

The borrower was responsible for repayment of the loan within three years.
The repayment terms of the mortgage allowed for monthly payments over 30 years.
The debt collector called repeatedly to remind the individual of the impending repayment deadline.
As part of the credit card agreement, the customer was required to make regular repayment installments.
Failure to make timely repayment of the loan would result in significant penalties and interest charges.

The act of returning money received previously.

Nouns denoting acts or actions.

The repayment of the loan will be spread out over 60 monthly installments.
After losing her job, Sarah struggled to make repayment on her credit card debt.
The company will prioritize repayment of the investors' capital over profits.
Repayment of the student loan is required once the graduate is earning above a certain threshold.
Failure to make timely repayment on the mortgage may result in foreclosure proceedings.