repay

verb

re·pay | \ (ˌ)rē-ˈpā

repaid\ (ˌ)rē-ˈpād

\; 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

Other Words from repay Synonyms Choose the Right Synonym More Example Sentences Learn More about repay

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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?

Recent Examples on the Web

So your children and your grandchildren will never have to repay it. — Eric Johnson, Recode, "American capitalism broke in the 1980s. Can it be fixed?," 7 Nov. 2018 MoviePass now has until August 5 to repay the full amount of the loan. — Aja Romano, Vox, "MoviePass briefly stopped working — because it ran out of money," 27 July 2018 Still, if Cohen hadn’t been repaid, then the offense was his own. — Eric Levitz, Daily Intelligencer, "Giuliani Accidentally Confirms That Cohen’s Payment to Stormy Daniels Was a Campaign Finance Violation," 3 May 2018 And some payday loans seem designed not to be repaid but to go into default, laying the foundations of a long-term debt relationship. — The Economist, "The bottom rungFinancial inclusion in the rich world," 3 May 2018 That's in contrast to Texas Rep. Blake Farenthold, who resigned over harassment allegations but appears to have not yet repaid the cost of the settlement. — Alex Moecarrie Dann, NBC News, "Another Pennsylvania Republican House member resigns," 27 Apr. 2018 Unfriended: Facebook bans ads tied to bitcoin, other cryptocurrencies Allowing purchases of cryptocurrencies can create big headaches for card lenders, which can be left on the hook if a borrower bets wrong and can’t repay. — Jenny Surane And Laura J. Keller, Houston Chronicle, "Bitcoin ban expands to credit cards as JPMorgan, BofA recoil," 2 Feb. 2018 His father figure is the dead-eyed bar owner Bill Hod, who thinks that hatred should repay hatred. — Sam Sacks, WSJ, "Fiction: Black and White, in Wind and Fog," 22 Feb. 2019 Bondholders get their money back in a first-in-first-out order, with the oldest bond being repaid first. — Timothy B. Lee, Ars Technica, "Basis—the “stable” cryptocurrency with $133 million invested—explained," 25 Apr. 2018

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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Last Updated

17 May 2019

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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