Student Loan Glossary

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

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

• The repayment of the loan must be made in monthly installments.
• Don't worry, I'll pay you back the money I owe you soon.
• I'll square up with you once I get my paycheck for the month.
• The repayment of kindness is often seen in the form of gratitude.