Repay
/rɪˈpeɪ/
Definitions
- (v.) To pay back money owed to a lender or creditor.
The borrower promised to repay the loan by the end of the month.
- (v.) To make restitution or return something received, especially a favor or service.
She tried to repay his kindness with a thoughtful gift.
Forms
- repays
- repaid
- repaying
Related terms
See also
Commentary
Commonly used in financial contexts; ensure clarity on timing and method of repayment in contracts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.