Want to say repayment differently? Here are other words for repayment and its similar synonyms and opposite words to say in unique way.
Meaning of repayment
The primary meaning of the word "repayment" is the act of paying back money that was borrowed.
Etymology of repayment
The word "repayment" has its roots in the 15th century, derived from the Old French "repayer", which means "to pay back"
Historically, the term was used to describe the act of paying back a debt or loan, and has since evolved to encompass various forms of payment and reimbursement
Synonyms
reimbursement
compensation
payback
refund
restitution
settlement
indemnity
redemption
recoupment
amortization
defrayal
reparation
requital
remuneration
payment
installment
discharge
liquidation
satisfaction
indemnification
exemption
absolution
acquittal
vindication
exoneration
clearance
release
liberation
Definitions
- The act of paying back money that was borrowed
- The process of repaying a loan or debt
- The payment of a sum of money to someone who has lent or given something
Usage Examples
- The company made a repayment of the loan to the bank on time
- The government offered a repayment plan to help individuals pay off their debts
- The repayment terms of the mortgage were clearly outlined in the contract
Antonyms
default
nonpayment
delinquency
arrears
debt
obligation
liability
indebtedness
insolvency
bankruptcy
foreclosure
seizure
confiscation
withholding
retention
nonrepayment
avoidance
evasion
neglect