repayment
noun
FINANCE, BANKING uk/rɪˈpeɪmənt/ us [ C ]
an amount of money that is paid back:
a loan/debt/interest repayment Low interest rates are making loan repayments easier to manage.
make a repayment If you need to make lower repayments, you can.
a weekly/monthly/annual repayment I wanted low monthly repayments so I opted to pay the cash back over five years.
keep up/meet repayments If you think you cannot meet repayments, talk first to your lender.
[ U ]
the act of paying back money that you have borrowed:
Charge cards have no limit, but full repayment is to be made each month.
debt/loan/mortgage repayment The first deadline for debt repayment is coming up in June.
early/late repayment There are penalties for early repayment.