What is another word for re-payment?

230 synonyms found

Pronunciation:

[ ɹˌiːpˈe͡ɪmənt], [ ɹˌiːpˈe‍ɪmənt], [ ɹ_ˌiː_p_ˈeɪ_m_ə_n_t]

Re-payment is a common term used in financial contexts, particularly when referring to the act of paying back borrowed money. However, there are several other synonyms that could be used instead in order to convey the same meaning. Some of the most commonly used synonyms for repayment include reimbursement, settlement, compensation, restitution, and remuneration. Each of these terms implies a slightly different aspect of the repayment process, but all refer to the act of fulfilling a financial obligation. By using different synonyms for re-payment, individuals can add variety and nuance to their language while still maintaining clarity and accuracy in their communication.

Synonyms for Re-payment:

How to use "Re-payment" in context?

Repayment is one of the main reasons to use a credit card. Credit cards offer consumers the ability to borrow money up to a certain limit in order to purchase items or withdraw cash. Consumers must pay back the borrowed money plus interest and fees over time.

There are different types of credit cards that cater to different consumers. There are credit cards that offer rewards for using them, cards that are suited for people with low credit scores and cards that offer attractive introductory rates.

Consumers should research different credit cards to find the one that is best for them. They should also keep in mind their credit score when applying for a credit card.

Word of the Day

called-for
Synonyms:
wanted, hurry up, urgent, hurry-up, life and death, top-priority, touch and go, ahead, all-important, arduous.