repayable

/ri:'peiəbl/

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Word: Repayable

Part of Speech: Adjective

Definition: The word "repayable" describes something that needs to be paid back, especially money that has been borrowed. When you take a loan, it is repayable, meaning you must return the money according to agreed terms.

Usage Instructions:

• Use "repayable" to describe loans, debts, or any financial obligation that requires repayment.
• It usually appears before nouns, such as "loan" or "amount."

Example Sentence:

• "The bank offered a loan that is repayable over five years."

Advanced Usage:

• "Repayable" can also be used in legal or formal contexts, especially in contracts concerning loans or financial agreements.
• For instance, "The terms of the loan specify that the amount is fully repayable within ten years."

Word Variants:

• Repayment (noun): The act of paying back money that was borrowed.
  • Example: "The repayment of the loan is due at the end of the month."
• Repay (verb): To return money that was borrowed.
  • Example: "I will repay you tomorrow."

Different Meanings:

• In general usage, "repayable" strictly relates to financial contexts. It does not have alternate meanings outside of this scope.

Synonyms:

• Refundable
• Payable
• Returnable (though this can imply different contexts)

Idioms and Phrasal Verbs:

• There aren’t specific idioms or phrasal verbs directly linked to "repayable." However, you might hear phrases like:
  • "Pay back": To return money owed.
  • "Settle a debt": To pay off what you owe.

Summary:

"Repayable" is an important term in finance that indicates a financial obligation to return borrowed money.

Academic

Adjective

1. subject to repayment
   • business loans are usually repayable in regular installments