Repayed Meaning: Definition, Examples, and Translations

💵
Add to dictionary

repayed

[rɪˈpeɪd ]

Definition

Context #1 | Verb

financial transaction

Repayed is the past tense of repay, which means to pay back money that was borrowed or to return a favor. It is often used in contexts related to loans, debts, or revisiting a previous obligation.

Synonyms

reimbursed, remitted, returned.

Examples of usage

  • She repayed the loan in full.
  • He repayed his friend after borrowing $20.
  • They repayed the kindness shown to them by helping others.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Cultural Perspectives

  • In many cultures, repaying kindness is seen as a moral obligation, reinforcing social bonds.
  • In the Japanese culture, the idea of 'on' refers to a debt of gratitude that one should repay over time, fostering relationships.
  • In Western traditions, the saying 'a favor returned' emphasizes the importance of reciprocity in friendships.

Literature

  • In classic literature, characters often face moral dilemmas surrounding repayment, showcasing the complexity of favors and debts.
  • Shakespeare's works frequently touch on themes of loyalty and debt, representing the multifaceted nature of human relationships.
  • Modern novels often explore how past favors can lead to unexpected consequences when characters seek repayment.

Psychology

  • Research shows that repaying favors can create a sense of obligation, influencing future social interactions.
  • Apologies can be viewed as a form of repayment in relationships, where individuals seek to restore balance after a wrongdoing.
  • The principle of reciprocity in social psychology suggests that people are more likely to help those who have helped them, solidifying relationships.

Economics

  • In finance, the concept of repayment relates to loans, where borrowers are expected to pay back the principal amount along with interest.
  • Credit and debt systems rely on the idea of repayment, shaping economic interactions and individual financial practices.
  • Economic theories often analyze how the obligation to repay debts impacts consumer behavior and overall market dynamics.

Origin of 'repayed'

Main points about word origin

  • The word comes from the Old French 'repayer', which combines 're-', meaning again, and 'payer', meaning to pay.
  • It evolved from Middle English and has been used in legal contexts related to debts since at least the 14th century.
  • In different cultures, the concept of repaying favors can vary; some societies emphasize communal support, while others focus on individual debts.

The term 'repay' comes from the prefix 're-', indicating repetition, and 'pay', which originates from the Latin 'pacare', meaning to pacify or satisfy. The concept of repaying reflects a social and economic practice that has existed since the establishment of trade and financial systems. The act of repaying is critical in maintaining trust and relationships in both personal and commercial exchanges. Over time, the term has evolved to encompass not only financial transactions but also the idea of reciprocation in favors or kindnesses, thus broadening its usage in everyday language.