The example used in my firm is just called "loan return" (when someone gets payed back on their loan) but I was wondering if there is a single-word replacement for "loan return". Also a sub question I have is it more correct to say "single word" or "single-word"
Single word for “loan return”
single-word-requests
Best Answer
Repayment refers to a single payment on a loan; if you're talking about the loan being paid off entirely, then the phrase paid in full or paid off is customary.