date of repayment

USAGE SUMMARY

The phrase "date of repayment" is correct and usable in written English.
It can be used in financial contexts to specify when a loan or debt is due to be paid back. Example: "The contract clearly states the date of repayment for the loan is set for December 1st."

✓ Grammatically correct

News & Media

Academia

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Without even having to prove loss, the lender is at least entitled to default interest (that is, interest accruing after the due date of repayment).

Encyclopedia Britannica

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

The situation came to a head in the summer until Art Capital Group decided to withdraw its lawsuit against her in September, agreeing to extend the due date of her repayment.

Independent

Second, the debt note requires a fixed due date (or "maturity date") for repayment of the total amount borrowed, plus interest.

TechCrunch

Founders must not forget that a convertible note is a loan and, like most loans, has a fixed due date (or "maturity date") for repayment of the total amount borrowed, plus interest.

TechCrunch

There is no fixed due date for repayment.

The New York Times

Finally, all of the research to date uses repayment of favors as the purported way to acknowledge a past favor done.

University of California, Berkeley

The loan carried a double-digit interest rate, a repayment date of October 2018 and it turned Milan into a sporting Titanic.

Forbes

the date of cancellation of the note upon completion of repayment by the borrower of the loan or payment by the Secretary pursuant to section 1087 of this title.

Cornell University

You lend money and, in return, you receive a promise of repayment, plus interest, at a set date.

Huffington Post

That privilege, dating to the heyday of derivatives deregulation in the 1990s and 2000s, is destabilizing because the assurance of repayment fosters recklessness.

The New York Times

If you finish the course before the agreed date, the repayment holiday will end up to one month after your last day of training.

The Guardian

Expert writing Tips

Best practice

When writing contracts or financial agreements, clearly specify the "date of repayment" to avoid any ambiguity. Use a consistent format (e.g., YYYY-MM-DD) for all dates within the document.

Common error

Don't confuse the "date of repayment" with any grace periods that may be offered. The "date of repayment" is when the payment is due, while a grace period allows for a short delay without penalty. Ensure both are clearly defined.

Linguistic Context

The phrase "date of repayment" functions as a noun phrase that specifies a particular point in time. It is typically used to define a contractual obligation, as supported by Ludwig, where lenders are entitled to default interest after the due date.

Expression frequency: Uncommon

Frequent in

News & Media

30%

Academia

25%

Formal & Business

15%

Less common in

Encyclopedias

10%

Science

10%

Wiki

10%

Ludwig's WRAP-UP

The phrase "date of repayment" is a grammatically sound and frequently used term, as Ludwig AI confirms. It serves the crucial function of specifying when a debt or loan must be settled. While versatile, it's often found in formal contexts such as news reports, academic papers, and business agreements. Alternatives like "repayment due date" or "loan maturity date" offer similar meanings, but the choice depends on the specific context. When using "date of repayment", ensure it's clearly defined in any agreement to prevent confusion, especially concerning grace periods. Although the query results may have a low match score, this tool still provides a usable definition based on context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

repayment due date

This alternative is more concise and commonly used in formal financial contexts.

payment due date

A very straightforward and commonly used alternative.

final payment date

Emphasizes that it is the last payment in a series of payments.

loan maturity date

This term is specific to loans and indicates when the principal is due.

redemption date

Often used in the context of bonds or investments being repaid.

payment deadline

This is a broader term applicable to any type of payment, not just repayments.

settlement date

Implies the date an agreement is settled, often financially.

date of debt clearance

Focuses on the completion of repayment rather than the specific due date.

date of discharge of debt

This is a formal and legalistic term emphasizing debt release.

date of amortization

This relates to the process of paying off debt over time.

FAQs

How to use "date of repayment" in a sentence?

You can use "date of repayment" in a sentence like: "The contract clearly states the "date of repayment" for the loan is set for December 1st."

What is an alternative to saying "date of repayment"?

Alternatives include "repayment due date", "loan maturity date", or "payment deadline" depending on the context.

What happens if I miss the "date of repayment"?

Missing the "date of repayment" can result in penalties, such as late fees or increased interest rates. Consult your loan agreement for specific terms.

Is "date of repayment" the same as the start of the repayment period?

No, the "date of repayment" usually refers to a specific due date for a payment, not the overall start of a repayment period, which might involve multiple payments over time.