repay

verb
re·​pay | \ (ˌ)rē-ˈpā How to pronounce repay (audio) \
repaid\ (ˌ)rē-​ˈpād How to pronounce repaid (audio) \; repaying

Definition of repay

transitive verb

1a : to pay back repay a loan
b : to give or inflict in return or requital repay evil for evil
2 : to make a return payment to : compensate, requite
3 : to make requital for : recompense the success that repays hard work

intransitive verb

: to make return payment or requital

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Other Words from repay

repayable \ (ˌ)rē-​ˈpā-​ə-​bəl How to pronounce repayable (audio) \ adjective
repayment \ (ˌ)rē-​ˈpā-​mənt How to pronounce repayment (audio) \ noun

Synonyms for repay

Synonyms

refund, reimburse

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Choose the Right Synonym for repay

pay, compensate, remunerate, satisfy, reimburse, indemnify, repay, recompense mean to give money or its equivalent in return for something. pay implies the discharge of an obligation incurred. paid their bills compensate implies a making up for services rendered. an attorney well compensated for her services remunerate clearly suggests paying for services rendered and may extend to payment that is generous or not contracted for. promised to remunerate the searchers handsomely satisfy implies paying a person what is required by law. all creditors will be satisfied in full reimburse implies a return of money that has been spent for another's benefit. reimbursed employees for expenses indemnify implies making good a loss suffered through accident, disaster, warfare. indemnified the families of the dead miners repay stresses paying back an equivalent in kind or amount. repay a favor with a favor recompense suggests due return in amends, friendly repayment, or reward. passengers were recompensed for the delay

Examples of repay in a Sentence

You can repay the mortgage over 30 years. She would rather have to repay the bank than borrow from her parents and have to repay them. How can I ever repay your kindness? How can I ever repay you for your kindness?
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Recent Examples on the Web

And based on the boos that rained on Luck at Lucas Oil Stadium on Saturday night, there could be a lot of fans looking to be repaid for some very expensive tickets. Chuck Schilken, Los Angeles Times, "Former Indianapolis Colts player will buy season tickets from unhappy Andrew Luck fans," 26 Aug. 2019 At the end of the process, the consumer then may acquire a loan in minutes, typically to be repaid over the course of 30 days with rates between 5% to $15. Lucinda Shen, Fortune, "Tala, A Company that Offers Loans For As Little As $10, Just Raised $110 Million," 21 Aug. 2019 Another Stamford Bridge academy product, Lampard will stick by Abraham, and hope his faith is repaid by a goal or two. SI.com, "Chelsea: The XI That Should Start Against Leicester City," 16 Aug. 2019 In 2014, the Department of Housing and Urban Development ordered the city to repay nearly $4 million of a homeless services grant, saying the city could not account for the how the money was spent sufficiently. Doug Donovan, baltimoresun.com, "Trump alleges ‘billions and billions’ of federal aid wasted in Baltimore; city officials dispute claim," 30 July 2019 Last month, a Maryland court ordered Peterson to repay a Bethesda lender more than $2.4 million, including an unpaid balance and legal fees, after Peterson defaulted on a 2016 loan. Scott Allen, BostonGlobe.com, "Lawyer says Adrian Peterson was ‘taken advantage of’ amid latest report of financial troubles," 24 July 2019 And in 2016, the European Union ordered Apple to repay €13 billion ($14.6 billion) in tax breaks to Ireland. Michael Scaturro, CNN, "Europe fines Qualcomm $270 million for 'predatory pricing'," 18 July 2019 Cogan also ordered Guzman to repay $12.6 billion, money his drug-trafficking organization made distributing cocaine and other drugs throughout the U.S. Fox News, "Mexican drug kingpin 'El Chapo' draws life sentence in US prison," 18 July 2019 In 2016, the European Commission ordered Apple to repay $14.5 billion in unpaid taxes to Ireland. Liz Alderman, New York Times, "France Moves to Tax Tech Giants, Stoking Fight With White House," 11 July 2019

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

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First Known Use of repay

15th century, in the meaning defined at transitive sense 1a

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Learn More about repay

Dictionary Entries near repay

repatriation

repattern

repave

repay

repeal

repealer

repealist

Statistics for repay

Last Updated

12 Sep 2019

Look-up Popularity

Time Traveler for repay

The first known use of repay was in the 15th century

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More Definitions for repay

repayment

noun

Financial Definition of repayment

What It Is

Repayment usually refers to the payments on a debt.

How It Works

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. The repayments would be divided between the interest (i.e. the interest on the outstanding loan amount) and the principal repayment (i.e. the remaining amount of the periodic payment that is used to reduce the outstanding loan amount). At the same time, a loan term may be amortized over a longer period of time than the due date on the loan.  In this case, a loan will require a "balloon repayment" (i.e. the amount of principal not yet repaid will be due in full at the end of the term). In either case, all payments on the loan are called repayments.

Why It Matters

For both a borrower and a lender, the breakdown of repayments into principal and interest are very important. For a business, the interest portion of the repayment on a business loan is tax deductible. The principal is not.   For a lender, the interest portion of the repayment is treated as income.  The principal is not.

Source: Investing Answers

repay

verb

English Language Learners Definition of repay

: to pay back (money that you have borrowed)
: to make a payment to (a person or organization that has loaned you money)
: to do or give something in return for (something) : to provide something in return for (work, effort, etc.)

repay

verb
re·​pay | \ rē-ˈpā How to pronounce repay (audio) \
repaid\ -​ˈpād \; repaying

Kids Definition of repay

1 : to pay back repay a loan
2 : to do or give something in return How can I repay the favor?

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More from Merriam-Webster on repay

Rhyming Dictionary: Words that rhyme with repay

Thesaurus: All synonyms and antonyms for repay

Spanish Central: Translation of repay

Nglish: Translation of repay for Spanish Speakers

Britannica English: Translation of repay for Arabic Speakers

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