The Collaborative International Dictionary of English v.0.48:
Repayment \Re*pay"ment\ (-ment), n. 1. The act of repaying; reimbursement. --Jer. Taylor. [1913 Webster] 2. The money or other thing repaid. [1913 Webster]WordNet (r) 3.0 (2006):
repayment n 1: the act of returning money received previously [syn: refund, repayment] 2: payment of a debt or obligation [syn: repayment, quittance]