Repaid Meaning: Definition, Examples, and Translations
💰
repaid
[rɪˈpeɪd ]
Definition
financial transactions
Repaid is the past tense of the verb 'repay,' which means to pay back money that was borrowed or to return something to its previous owner. It implies that an obligation to settle a debt has been fulfilled.
Synonyms
paid back, reimbursed, returned, settled.
Examples of usage
- I repaid the loan within a year.
- She repaid her friend after borrowing money.
- The company repaid its investors with dividends.
- He quickly repaid the debt he owed.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Finance
- Loans often involve repayment schedules, which detail when and how much needs to be repaid.
- In the context of credit, 'repaid' impacts a person's credit score, reflecting their reliability in paying back debts.
- The term is also used in investments, referring to the return of capital to investors.
Literature
- The concept of repaying debts is a common theme in literature, representing moral values and responsibilities.
- In Charles Dickens' works, characters often face situations where they must repay not just money, but kindness and favors.
- Poets have often used the idea of 'repaying' as a metaphor for love and relationships, emphasizing the give-and-take in human connections.
Cultural Practices
- In many cultures, repaying debts is seen as a fundamental value, linked to honor and social standing.
- Gift-giving traditions often revolve around the idea of repaying kindness, creating bonds within communities.
- In societies with strong familial ties, repaying favors within the family ensures mutual support and cohesion.
Psychology
- The act of repaying can evoke feelings of trust and gratitude, strengthening social bonds.
- Research shows that people are more likely to help those who have previously helped them, highlighting a psychological principle of reciprocity.
- Social obligations to repay favors can lead to stress if individuals feel overwhelmed by expectations.
Origin of 'repaid'
Main points about word origin
- The word comes from Old French 'repaier', meaning to pay back or return.
- The prefix 're-' indicates the act of doing something again, while 'paid' relates to giving money.
- In English, 'repaid' has been in use since the late 15th century, reflecting financial transactions.
The word 'repaid' is derived from the combination of the prefix 're-' meaning 'again' and the verb 'pay,' which comes from the Old French 'paier' and Latin 'pacare,' meaning 'to appease, satisfy, or restore.' The notion of repayment encapsulates the idea of restoring a balance after a debt or obligation has been incurred. The formation of 'repaid' emphasizes the action of returning a favor or repaying what is owed. This term has found usage in various financial contexts, typically associated with loans, debts, and fiduciary responsibilities. The practice of repaying debts dates back to ancient civilizations and has always held significant social and economic importance, as it maintains trust and integrity within personal and professional relationships.