loan repayments

noun
UK /ləʊn rɪˈpeɪmənts/
US /loʊn rɪˈpeɪmənts/

Money you pay back over time when you borrow money.

Her monthly loan repayments are due on the first of each month.


OTHER MEANINGS

2. The act of paying back borrowed money.

The loan repayments start six months after graduation.

3. Regular amounts paid to reduce a debt.

He set up automatic loan repayments from his bank account.

4. Money returned to a lender according to an agreement.

The company missed two loan repayments and was charged a fee.