Definition Of repayments

noun

the action of paying back a loan.

They are intended to provide consistency in approach toward loan repayments .

Example Of repayments

  • A borrower with a £ 100,000 repayment loan on a fixed rate of 3.24 % would make monthly payments of £ 487.

  • At all relevant times Mr Patterson was prepared to fund the repayment of Mr Ball's £ 100,000, albeit in instalments.

  • Bankruptcy judges, who now have considerable discretion in fashioning or waiving repayment plans, will be required to follow much more restrictive guidelines.

  • Borrowers with fixed-rate loans will see no change to their monthly repayments .

  • he missed a monthly repayment


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