Definition Of repayments
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