
Repay
Paying Off
Often used to describe gradually reducing debt over time.
I aim to repay my car loan by the end of next year.
Financial Obligation
'Repay' suggests a strong sense of duty or obligation in financial contexts.
We must repay the bank loan within five years.
Monetary Context
Used when discussing money, specifically when returning an amount borrowed.
After I repay this debt, I'll be free from loans.