Source : Webster's Revised Unabridged Dictionary (1913)

Repayment \Re*pay"ment\ (-ment), n.
   1. The act of repaying; reimbursement. --Jer. Taylor.

   2. The money or other thing repaid.

Source : WordNet®

repayment
     n 1: the act of returning money received previously [syn: {refund}]
     2: payment of a debt or obligation [syn: {quittance}]