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What does repayment mean on a loan?
What is repayment of money?
How do loan repayments work?
What is a mortgage repayment?
Sep 25, 2023 · Repayment is the process of settling a debt, typically through set payments over time toward the principal and interest. Repayment terms are detailed in the loan agreement, including...
the act of repaying someone or something: mortgage repayments. The bank demanded immediate repayment. SMART Vocabulary: related words and phrases. Mortgages & real estate. blockbusting. brick. BTL. buy-to-let. chain. endowment mortgage. equity. landlady. letting. mortgagee. planning blight. real estate broker. real estate developer.
Apr 22, 2024 · What Is Loan Repayment? Loan repayment is the process of returning borrowed funds, typically with interest, over a specified period. The loan repayment process is governed by various financial institutions, including banks and non-banking financial companies (NBFCs).
The meaning of REPAY is to pay back. How to use repay in a sentence. Synonym Discussion of Repay.
Oct 7, 2020 · Repayment usually refers to the payments on a debt. How Does Repayment Work? Under the terms of a loan, repayment can have different schedules and requirements. For example, a loan may be amortized over a specific period of time, requiring regular repayments.
noun [ C or U ] us / rɪˈpeɪ.mənt / uk / rɪˈpeɪ.mənt / Add to word list. the act of repaying someone or something: mortgage repayments. The bank demanded immediate repayment. SMART Vocabulary: related words and phrases. Mortgages & real estate. blockbusting. brick. BTL. buy-to-let. chain. endowment mortgage. equity. landlady. letting. mortgagee.
A repayment is an amount of money paid at regular intervals in order to repay a debt.