nonrepayable

adjective
non·re·pay·able | \ˌnän-(ˌ)rē-ˈpā-ə-bəl \

Definition of nonrepayable 

: not able to be repaid a nonrepayable grant

Examples of nonrepayable in a Sentence

Recent Examples on the Web

Movement Mortgage, a top 10 retail home lender, has just introduced a financing option that provides eligible first-time buyers with a nonrepayable grant of up to 3 percent. Kenneth R. Harney, chicagotribune.com, "Zero-down payment mortgages are back," 13 June 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'nonrepayable.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of nonrepayable

1891, in the meaning defined above

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The first known use of nonrepayable was in 1891

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