Definition, Meaning & Synonyms
pay-back
verb
/ˈpeɪˌbæk/
Definition
To return money or other things that one owes to another person or some entity.
Examples
- After they finished the loan term, they managed to pay back the entire amount.
- It took her a while, but she finally paid back her friend for the movie tickets.
- He promised to pay back the money he borrowed for the car repairs.
Meaning
The act of repaying or returning something that was borrowed or owed.
Synonyms
- reimburse
- repay
- return
- compensate
- settle
