The example used in my firm is just called "loan return" (when someone gets payed back on their loan) but I was wondering if there is a single-word replacement for "loan return". Also a sub question I have is it more correct to say "single word" or "single-word"
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2Since you've tagged this as a single word request, you should include a sample sentence demonstrating how the word would be used. You should also only have just one question.– KillingTimeOct 25, 2021 at 12:38
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"single word" vs "single-word" depends on how you're using the phrase. A "single-word replacement" is a replacement that is a single word. A single word replacement is a word replacement that is single (it could be a phrase).– xiotaOct 25, 2021 at 13:13
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1Are you looking for "reimbursement"?– Andy BonnerOct 25, 2021 at 14:37
1 Answer
Repayment refers to a single payment on a loan; if you're talking about the loan being paid off entirely, then the phrase paid in full or paid off is customary.