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Definition of repayment:

  1. The act of repaying; reimbursement.
  2. The money or other thing repaid.

Synonyms:

incur, quittance, liquidation, reparation, redress, recompense, clear, offset, requital, amortize, refund, liquidate, satisfaction, forgive, setoff, indemnification, restitution, substitute, compound, default, amends, indemnity.

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