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noun [ C or U ] uk / rɪˈpeɪ.mənt / us / 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. first-time buyer. landlady.
- English (US)
the act of repaying someone or something: mortgage...
- Znaczenie Repayment, Definicja W Cambridge English Dictionary
repayment definicja: 1. the act of repaying someone or...
- Loan Repayment
LOAN REPAYMENT definition: the act of making payments...
- Interest Repayment
INTEREST REPAYMENT definition: the payment of interest on a...
- Traditional
REPAYMENT translate: 償還;付還. Learn more in the Cambridge...
- Repayment in Spanish
REPAYMENT translate: pago, plazo, reembolso [masculine,...
- Repayment in Simplified Chinese
REPAYMENT translate: 偿还;付还. Learn more in the Cambridge...
- English (US)
- How Repayment Works
- Types of Repayment
- Federal Student Loans
- Home Mortgages
- Forbearance, Consolidation, and Debt Relief
- The Bottom Line
When consumers take out loans, their lenders expect they will likely repay the debt. Interest is charged based on an agreed-upon rate and payment schedule from when a loan is disbursed to when it's settled. When making loans, financial institutions forgo other investment opportunities that could offer returns. The interest charges pay them for this...
From covering education expenses to buying a new home or car, achieving your financial goals often requires borrowing money. Each kind of loan has a specific purpose and has its own repayment terms. Auto loans, for example, usually have fixed interest rates and are designed to be paid back within a few years. Mortgages are long-term commitments tha...
Federal student loans typically permit reduced or deferred payments and loan forgivenessin some instances. Plans for widespread forgiveness of federal student loans remain the subject of intense political debate and legal challenges. Whatever the long-term outcome of student debt forgiveness, these loans typically have some flexibility. Your option...
Homeowners facing difficulties with their mortgages have some choices to stave off foreclosure. Borrowers with an adjustable-rate mortgagemay be able to refinance their loans as a fixed-rate mortgage with a lower interest rate. If the problem with payments is temporary, borrowers can work toward reinstatement, paying the lender the past-due amount,...
Some debts may qualify for forbearance, a temporary relief that allows borrowers to pause or reduce payments because of financial hardship. While this option can give you time to recover financially, interest will continue to accrue during the forbearance period. Deferment choices also exist, particularly for federal student loans, for borrowers wh...
Repayment refers to paying back money that you have borrowed. Loan repayments cover a part of the principal, or the amount borrowed, and interest, which is what the lender charges for supplying the funds. Loan agreements specify the repayment terms, including the interest rates to be paid. When taking out a loan, borrowers should pay close attentio...
The meaning of REPAY is to pay back. How to use repay in a sentence. Synonym Discussion of Repay.
repayment. Repayments are amounts of money which you pay at regular intervals to a person or organization in order to repay a debt. They were unable to meet their mortgage repayments. You can pay it off or make a minimum repayment.
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.
Aug 16, 2024 · What is a repayment mortgage? A repayment mortgage is a home loan where you repay a bit of the capital, which is the amount you borrowed, along with some interest each month.
2 meanings: 1. to pay back (money) to (a person); refund or reimburse 2. to make a return for (something) by way of compensation.... Click for more definitions.
