repayable Definition
able to be paid back or refunded.
Using repayable: Examples
Take a moment to familiarize yourself with how "repayable" can be used in various situations through the following examples!
Example
The loan is repayable over a period of five years.
Example
The deposit is repayable if the booking is cancelled before the deadline.
Example
The company has agreed to make the overpayment repayable in installments.
repayable Synonyms and Antonyms
Synonyms for repayable
Antonyms for repayable
- irredeemable
- non-refundable
- non-compensable
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Summary: repayable in Brief
The term 'repayable' [rɪˈpeɪəbl] refers to something that can be paid back or refunded. It is often used in the context of loans, deposits, and overpayments, as in 'The loan is repayable over a period of five years.' 'Repayable' has synonyms like 'refundable' and 'redeemable,' and antonyms like 'non-refundable' and 'irredeemable.'