Repayment


Also found in: Dictionary, Thesaurus, Legal, Idioms.

Repayment

The act of paying off debts. If one borrows a certain amount, one must eventually repay it to the lender.
References in periodicals archive ?
Income-driven repayment plans allow eligible borrowers to lower their monthly federal student loan payments to as low as ten percent of the borrower s discretionary income.
With no deposit and no repayments for the first three months, the remaining 44 repayments would be PS219 with an optional final repayment of PS4,703.
Angus MacNeil SNP Na h-Eileanan An Iar Overpaid council tax Repayment recommended: pounds 133.
Former and new principal repayment plans for Turkey's current debt stock to IMF are as follows:
It also characterized the obligation to repay amounts if minimum purchases were not made as a contingent repayment obligation that would not operate to defer income recognition.
If the advances occur at the end of the year and the repayment occurs shortly after the start of the next year, the IRS may argue the advance is a sham to generate a tax loss and disregard the entire transaction.
Loan consolidation programs--help make repayment easier to manage and free up cash each month.
Remaining in an active, current repayment status is in the best interest of the borrower and the department.
The Lien Law incorporates a mechanism for trustees to alert beneficiaries to the distribution of trust assets in repayment of advances made by lenders.
In other words, the student's monthly repayment is set according to his ability to pay.
Although one in five people given student loans while attending College of the Canyons have defaulted on their repayment, the campus improved its status and thus remained eligible for the federal program.
This report attempts to compile data and information on the extent and characteristics of early repayment, to discover the underlying factors motivating early repayment and to uncover options available to financial institutions in reaction to early repayment of personal loans.