1) Compensation 2) Damages 3) Defrayal 4) Defrayment 5) It eliminates debt 6) Money back 7) Payment 8) Recompense 9) Refund 10) Reimbursement 11) Return 12) Settlement 1) Compensation 2) Prize 3) Refund 4) Reimbursement 
• (n.) The money or other thing repaid. • (n.) The act of repaying; reimbursement.
The paying back of an amount received from someone. The amount may have been received by way of a loan. For example, companies will make repayments of loan stock. Alternatively the amount may have been overpaid. For example a repayment of tax will be made to you if you have paid too much tax, or if too much tax has been deducted at source (such as ...Your monthly payments are partly to repay the amount you borrowed and partly to pay the interest on the outstanding mortgage. This is also known as a capital and interest mortgage.
Re·pay'ment (-m e nt) noun 1. The act of repaying; reimbursement. Jer. Taylor. 2. The money or other thing repaid. 
[n] - payment of a debt or obligation
repayment 1. Payment of a debt or obligation. 2. The act of returning money received previously.
The paying back of an amount received from someone. The amount may have been received by way of a loan. For example, companies will make repayments of loan stock. Alternatively the amount may have been overpaid. For example a repayment of tax will be made to you if you have paid too much tax, or if too much tax has been deducted at source (such as ...
quittance noun payment of a debt or obligation