repayment terms definition
Definition. The terms that a bond holder agreed to when the bond was issued. The repayment terms can relate to the amount of time that a debt holder has to repay a bond or debt obligation, the minimum payment that has to be made in a period, or the penalties levied for late payment.â I wanted to know the repayment terms and that was a really interesting thing to me and I liked everything. Joe and Melissa had to visit a bankruptcy attorney as they found themselves in the unfortunate position of being unable to meet the agreed upon repayment terms.