Definition of repayment in English:

repayment

noun

  • 1The action of paying back a loan.

    • ‘A borrower with a £ 100,000 repayment loan on a fixed rate of 3.24 % would make monthly payments of £ 487.’
    • ‘Based on a 30-year standard mortgage of € 230,000, the monthly repayments would be € 938 for the first year.’
    • ‘In the US, many people do this by making 26 fortnightly payments of half their mortgage repayment, instead of twelve monthly payments.’
    • ‘They follow a very narrow work objective: secure repayment of loans at any cost.’
    • ‘The cut of 0.25 % will save its customers € 14 per month on repayments on a € 100,000 mortgage over 20 years.’
    • ‘The loan repayment period may be extended for a member of the armed forces for the period he or she had active duty.’
    • ‘The American Bar Association also has a summary of loan repayment assistance programs.’
    • ‘Those who opted for endowment mortgages could also face serious repayment difficulties.’
    • ‘The eligible charity or approved body can therefore claim a repayment of € 250 from Revenue at the end of the tax year.’
    • ‘Remarkably, there is a 98 percent repayment rate on the loans.’
    • ‘The bank's repayment rates are actually higher than those of many Western banks, Newton said.’
    • ‘Whatever sum you borrow, the amount the bank wants per month will shrink the more you postpone the date of final repayment.’
    • ‘In keeping with the Heifer philosophy, loan repayments will go to buy livestock for farmers in Africa.’
    • ‘I have reduced the interest rate from 16 % to 9 %, and extended the repayment terms from 25 to 30 years.’
    • ‘He said financial institutions were now reluctant to assist peasant farmers because of the bad record of debt repayments.’
    • ‘They are intended to provide consistency in approach toward loan repayments.’
    • ‘Someone with a £ 100,000 repayment tracker loan will see their monthly payments go up by £ 14.’
    • ‘The average overall repayment rate of loans is a healthy 84 %, with some villages achieving a payback rate of over 90 %.’
    • ‘To pay it off in just five years, the monthly repayment leaps to £ 1, 411.’
    • ‘With these policies the monthly mortgage repayments only covered the interest on the money you borrowed.’
    refund, reimbursement, paying back
    recompense, reward, compensation, reparation, restitution
    View synonyms
    1. 1.1 An amount of money paid back.
      ‘minimum monthly repayments’
      • ‘Debt repayments are very severe over the next two or three years.’
      • ‘At all relevant times Mr Patterson was prepared to fund the repayment of Mr Ball's £ 100,000, albeit in instalments.’
      • ‘The 52 poorest countries still pay more than $50 million a day in debt repayments.’
      • ‘The Nigerians demanded repayments of more than $100 million.’
      • ‘Turkey, which like Argentina has received a large IMF bail-out, warned it may not be able to meet next year's repayments.’
      • ‘Repayments outstripped spending, with every HK $1,000 of spending matched by HK $1,097 in repayments during the period.’
      • ‘There is nothing in the case law, says Aldridge, which says there is not value in the repayment of trust monies.’
      • ‘No. 120) at pp. 74-84) which regulate the repayment of overpaid tax.’
      • ‘Borrowers with fixed-rate loans will see no change to their monthly repayments.’
      • ‘The move is intended to structure the Division Two club's debts, establishing some degree of hierarchy on repayments.’
      • ‘We will pay our share of the multilateral debt repayments of reforming low-income countries. "’
      • ‘Thus the claim by Guinness for repayment is unanswerable.’
      • ‘The monthly repayment over 25 years at 4 % would be about $980, or £ 530.’
      • ‘For every 1 provided in grant aid to poor countries 13 is paid back in debt repayments.’
      • ‘Repayments, along with defence spending, consume the bulk of the budget.’
      • ‘Thus, whether or not a paragraph (b) scheme can permit repayment to the employer is a somewhat academic question.’
      • ‘We must also end negative aid, which is what debt repayments constitute.’
      • ‘Bankruptcy judges, who now have considerable discretion in fashioning or waiving repayment plans, will be required to follow much more restrictive guidelines.’
      • ‘Repayment was handled via a swap of debt for equity in state-owned Bulgarian enterprises listed for privatisation.’
      • ‘Savvy borrowers know that there can be advantages in opting for a secured loan to consolidate existing debt into a single monthly repayment.’
      • ‘The one-year repayment period is also not binding in many cases.’
      • ‘I have a small mortgage with just six years' repayments outstanding.’
      • ‘Usually, therefore, the second mortgagee persuades the first mortgagee to obtain repayment on the same occasion.’
      • ‘In fact, Irish mortgage customers have an excellent track record of repayments.’
      • ‘The first one concerns the first income threshold of repayment.’
      • ‘To reduce investor concern, many municipal bonds are backed by insurance policies guaranteeing repayment in the event of default.’

Pronunciation

repayment

/riˈpeɪmənt//rēˈpāmənt/