Meaning of the word repayment in English
What does repayment mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
repayment
US /rɪˈpeɪ.mənt/
UK /rɪˈpeɪ.mənt/
Noun
1.
the act of paying back money that has been borrowed
Example:
•
The loan requires monthly repayments.
•
He struggled to meet the repayment schedule.
2.
an amount of money paid back
Example:
•
You will receive a full repayment if you cancel within 30 days.
•
The company issued a repayment for the faulty product.