Repayable

/rɪˈpeɪəbl/

Meaning & Definition

adjective

Capable of being paid back or returned, especially in relation to a loan or debt.

The terms of the loan specify that the amount is fully repayable within ten years.

Referring to a financial obligation that is due to be paid back.

Many students find that their education loans are repayable after graduation.

Indicating that a sum of money must be reimbursed or returned.

The project received a repayable grant which must be paid back once the funding is generated.

Describing any debt that can or should be repaid.

Credit card debts are repayable on a monthly basis.

Relating to any obligation to repay borrowed money.

The loan was classified as a repayable amount due to its terms.

Derived from the verb 'repay' combined with the suffix '-able' indicating capability.

in full

refers to repaying the total amount of a loan or debt

on demand

means that something is repayable whenever requested

paid in full

indicates that a debt has been completely repaid

repay

to give back money that was borrowed or to return a favor

loan

a sum of money that is borrowed and is expected to be paid back with interest

IOU

I gave him twenty bucks, and he wrote me an IOU, so it's repayable.

payback time

When I get my paycheck, it's payback time for all those loans.