# repayment

/ɹiˈpeɪmənt/ (US) · /ɹɪpˈeɪmənt/ (UK)

Source: https://englishreference.com/word/repayment
Updated: 2026-08-08

## Senses

### 1. paying back money

noun · CEFR B2

the act of paying back money that you owe to a person or a bank.

For teachers: the process or act of returning borrowed funds to a creditor.

- The bank agreed to a lower monthly repayment to help the family manage their debt.
- The borrower requested a temporary suspension of repayment while they transitioned between jobs to avoid defaulting on the loan.

Usage: Often used in the plural when referring to a series of scheduled payments.

### 2. the amount paid

noun · CEFR B2

the specific amount of money that is paid back.

For teachers: the specific sum of money returned to a lender, often including interest.

- Her monthly mortgage repayment increased after the interest rates went up.
- The final repayment was significantly larger than the previous ones due to the balloon payment structure of the commercial lease.

Usage: Commonly used with adjectives like 'monthly', 'annual', or 'lump-sum'.

### 3. revenge

noun · CEFR C2 · Literary

something bad done to someone because they did something bad to you first.

For teachers: the act of retaliating or taking revenge for a perceived wrong.

- He viewed the loss of his rival's business as a just repayment for years of insults.
- In the final act of the tragedy, the hero demands a bloody repayment for the betrayal of his kin.

## Examples

- The monthly repayment for the car loan is two hundred dollars.
- The bank agreed to extend the loan period to make the monthly repayment more affordable for the family.
- Failure to meet the scheduled repayment could result in significant penalties and a negative impact on the borrower's credit rating, potentially hindering future financial endeavors.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.