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Investments glossary

Repayment Definition

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An inexhaustible good nature is one of the most precious gifts of heaven, spreading itself like oil over the troubled sea of thought, and keeping the mind smooth and equable in the roughest weather.

— Washington Irving

Repayment is the act of paying back money previously borrowed from a lender. Typically, the return of funds happens through periodic payments which include both principal and interest. Loans can usually also be fully paid in a lump sum at any time, though some contracts may include an early repayment fee.



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