English dictionary, thesaurus, translations & etymology
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noun

repayment

noun
1
The act of paying back money owed, or the amount paid back.
"Monthly repayments on the mortgage are due on the first."
"They negotiated a lower repayment plan with the bank."

How to Use Repayment

Learner’s notes

In plain EnglishMoney paid back on a loan or debt, or the act of paying it back.

Common pairings
loan repayment monthly repayment repayment plan

Word Forms

repayments plural

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Monthly _____ on the mortgage are due on the first.

Etymology

From repay plus -ment.

Related Words

Rhymes for repayment

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Definitions: FreeDict original editorial