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

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 The personal contributions also could be used to repay any funds misappropriated from a government agency. Don Behm, Milwaukee Journal Sentinel, "Chris Abele asks for pension reform to block felons from receiving Milwaukee County pensions," 7 Mar. 2018 This article was also updated to clarify that half of the federal government’s investment in Sapphire Energy was in the form of loans that were eventually repaid in full by the company. David Ferry, Newsweek, "The Promises and Perils of Synthetic Biology," 11 Mar. 2015 However, after the market close, the group said bondholders had been repaid in full and its finances were healthy. Mike Bird, WSJ, "A Major Market’s Major Headache: Stocks That Crash Without Warning," 21 Jan. 2019 Maori Davenport, who received an $857.20 check from USA Basketball that was later repaid, has been trying to get into games this season in Troy, Alabama after being suspended by state high school officials. John Zenor, The Seattle Times, "Girls basketball player remains benched for $857.20 check," 7 Jan. 2019 Now, the administrators are calling time and selling off the various assets to repay creditors. Jonathan M. Gitlin, Ars Technica, "Bad news for the 1,000mph car as Bloodhound SSC is shut down," 11 Dec. 2018 The potential crimes include unlawful contributions in excess of the $2,700 individual limit — a personal loan counts as a contribution, even if it is repaid. Charlie Savage, The Seattle Times, "Trump lays out a defense for potential campaign-finance crimes," 10 Dec. 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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First Known Use of repay

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

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Dictionary Entries near repay

repatriation

repattern

repave

repay

repeal

repealer

repealist

Statistics for repay

Last Updated

8 Mar 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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