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Repayable for Dummies

adjective

pronunciation: ri'peɪʌbʌl

What does Repayable really mean?

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Hey there! Let's talk about the word "repayable." It's not as complicated as it may seem! Have you ever borrowed something from a friend, like a book or a toy?

Yeah, it's like when my friend lets me borrow their video game for a week!

That's right! So when you borrow something, you usually have to give it back, right?

Yeah, I have to give the game back to my friend after a week.

Exactly! Now, imagine instead of borrowing a video game, you borrowed some money from someone. They gave you the money because you needed it, but they expect you to give it back to them at some point. In this situation, the money you borrowed is "repayable."

Oh, so "repayable" means that you have to give something back?

Yes! You got it! "Repayable" means that something, usually money, must be paid back or returned to someone who lent it to you. It's like you have a debt to them and you need to settle it by giving back what you borrowed.

Got it! So if I borrow money from my mom, it's repayable because I have to pay it back to her, right?

Exactly! You're getting the hang of it! So not only does "repayable" refer to money or things you borrow that need to be returned, but it can also describe a loan or debt that a person has to pay back over time with interest. Think of it like this: when you borrow money from someone, you're making a promise to give it back, and that promise is what makes it "repayable."

Wow, that makes a lot of sense now! Thanks for explaining it so well!

No problem at all! I'm here to help you understand. If you ever have any more questions, just let me know!

In summary, "repayable" means that something, typically money or borrowed items, must be given back or settled with the person who provided it. It can also refer to loans or debts that need to be paid back over time with interest.


Revised and Fact checked by Robert Taylor on 2023-10-29 16:34:26

Repayable In a sentece

Learn how to use Repayable inside a sentece

  • When you borrow money from someone, you have to make a plan to give it back to them over time. That money is repayable.
  • Imagine your friend loans you their favorite toy for a week. At the end of the week, you need to return the toy to them. That loan is repayable.
  • If your parents give you some chocolate from their stash, they might ask you to give them back an equal amount another day. That chocolate is repayable.
  • Sometimes people lend books to their friends. If you borrow a book and promise to give it back in the future, that book is repayable.
  • Let's say your neighbor is moving to a new house and asks you to help them carry their boxes. They might offer to repay you by helping you with something in return. That favor is repayable.

Repayable Similar Words

Words that similar to the original word, but are not synonyms.