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English definition of “repayable”


/rɪˈpeɪəbl̩/ FINANCE, BANKING
that must be paid back: repayable over 2 years/6 months, etc. The loans are repayable over a five-year period. The bank's overdraft is repayable on demand. Hardship funds are not repayable.
(Definition of repayable from the Cambridge Business English Dictionary © Cambridge University Press)
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