repayment (Meaning)
repayment (n)
the act of returning money received previously
payment of a debt or obligation
repayment (n.)
The act of repaying; reimbursement.
The money or other thing repaid.
Synonyms & Antonyms of repayment
Synonyms:
Antonyms:
repayment Sentence Examples
- The borrowers' diligent repayment of their loans ensured the financial stability of the lending institution.
- The company's generous repayment plan allowed its customers to alleviate their financial burden.
- The debtor's commitment to timely repayment earned them a good credit rating.
- The repayment period for the mortgage loan was extended to provide the homeowners with financial flexibility.
- The government implemented a repayment assistance program to help struggling homeowners during the economic downturn.
- The landlord offered a repayment plan to tenants who fell behind on their rent due to unforeseen circumstances.
- The student loan repayment program allowed graduates to make affordable monthly payments based on their income.
- The creditor granted an extension on the repayment deadline to give the debtor time to gather the necessary funds.
- The repayment of a large debt left the family with a sense of financial relief.
- The investment returns were used to offset the repayment of the business loan, reducing the overall financial burden.
FAQs About the word repayment
the act of returning money received previously, payment of a debt or obligationThe act of repaying; reimbursement., The money or other thing repaid.
prepayment,reimbursement, payment, paying, tendering,rendering, compensation, remitment, remittance, giving
nonpayment,nonpayment,, underpayment,underpayment
The borrowers' diligent repayment of their loans ensured the financial stability of the lending institution.
The company's generous repayment plan allowed its customers to alleviate their financial burden.
The debtor's commitment to timely repayment earned them a good credit rating.
The repayment period for the mortgage loan was extended to provide the homeowners with financial flexibility.