Repayment

B2 16+

Pronunciation: /rɪˈpeɪmənt/

Definitions of repayment

noun the action of paying back a loan or money that was borrowed

Example Sentences

A1 I need to make a repayment on my loan by the end of the month.

A2 She set up a repayment plan to slowly pay off her credit card debt.

B1 The bank offers flexible repayment options for their mortgage loans.

B2 The company requires a down payment followed by monthly repayments for the equipment.

C1 The terms of the loan include a detailed schedule of repayment amounts and dates.

C2 The investor demanded early repayment of the loan with accrued interest.

adjective repayment can also be used as an adjective to describe something related to the act of paying back a debt or loan

Example Sentences

A1 I made a repayment plan for my loan.

A2 She struggled to make her repayments on time.

B1 The bank offered a flexible repayment schedule for the mortgage.

B2 The repayment terms were clearly outlined in the contract.

C1 The company agreed to a delayed repayment plan for the outstanding debt.

C2 His impeccable credit history allowed him to negotiate favorable repayment terms with the lender.

Examples of repayment in a Sentence

formal The repayment of the loan must be made in monthly installments.

informal Don't worry, I'll pay you back the money I owe you soon.

slang I'll square up with you once I get my paycheck for the month.

figurative The repayment of kindness is often seen in the form of gratitude.

Grammatical Forms of repayment

past tense

repaid

plural

repayments

comparative

more repayable

superlative

most repayable

present tense

repays

future tense

will repay

perfect tense

has/have repaid

continuous tense

is/are repaying

singular

repayment

positive degree

repayable

infinitive

to repay

gerund

repaying

participle

repaid

Origin and Evolution of repayment

First Known Use: 1250 year
Language of Origin: Old French and Latin
Story behind the word: The word 'repayment' originated from the Old French word 'repaiment' which was derived from the Latin word 're-,' meaning back, and 'pacare,' meaning to pacify or pay.
Evolution of the word: Originally used to refer to the act of paying back a debt or obligation, the word 'repayment' has evolved to encompass the broader concept of returning or compensating for something received.