debt payment
Settling an obligation
A debt payment is money paid toward what is owed—typically covering principal, interest, or both.
The term appears in financial contexts from personal loans to national budgets: We're behind on our debt payments, The company restructured its debt payments.
A single debt payment may satisfy the entire obligation or be one installment in a longer schedule.
- installmentPeriodic partial payment
- balanceSteadiness or amount owed
- creditorOne owed money
- mortgageSecured home loan
- credit cardBorrowed-funds payment tool
dues · due date · settlement · invoice · payoff · pay off · interest · principal · monthly · bank draft · overdue · late fee · collection · final notice · arrears · relief · burden · obligation
- Islamic Lawsharia, Sharia, Shariah, Islamic law, fatwa
- Jewish contractsketubah, loan agreement, binding agreements, sale contract, written contract
- money managementsaving, savings, budgeting, budget planning, expense tracking
- paymentscredit cards, debit cards, credit card, debit card, paycheck
- transactionspurchase, deposit, transfer, money transfer, cash transfer
- inheritanceinheritance, inheritances, heir, heirs, heiress
debt paymentborrowing
Temporary taking of another's
loan · cash advance · lending · financing · leveraging
debt paymentdefault
Preset standard option
nonpayment · delinquency · debt avoidance · bankruptcy · loan default
debt, debts, debtor, debtors, indebted, indebtedness, pays, paying, payer