Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “repayment”

repayment

noun
 
 
/rɪˈpeɪmənt/ FINANCE, BANKING
[C] an amount of money that is paid back: a loan/debt/interest repayment Low interest rates are making loan repayments easier to manage.make a repayment If you need to make lower repayments, you can.a weekly/monthly/annual repayment I wanted low monthly repayments so I opted to pay the cash back over five years.keep up/meet repayments If you think you cannot meet repayments, talk first to your lender.
[U] the act of paying back money that you have borrowed: Charge cards have no limit, but full repayment is to be made each month.debt/loan/mortgage repayment The first deadline for debt repayment is coming up in June.early/late repayment There are penalties for early repayment.
(Definition of repayment from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of repayment?
Add Cambridge dictionaries to your browser to your website

Definitions of “repayment” in other dictionaries

Translations of “repayment”

Word of the Day

bright spark

a person who is intelligent, and full of energy and enthusiasm

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More