Korean word

상환

Pronunciation

Romanizationsanghwan

Meaning

  • nounrepayment

Example

대출금은 이번 달 안에 상환을 완료해야 해요.tae chul geu meun i beon tal a ne sang hwa neul wal lyo hae ya hae yo

The loan must be fully repaid by the end of this month.

Illustration for 상환 (repayment)

More examples

계약서에 상환 기간이 명시되어 있다.kye yak sseo e sang hwan ki ga ni myeong si doe eo it tta

The repayment period is specified in the contract.

Core concept

A debt is brought back toward zero by returning the borrowed money as required.

Common phrases

  • 원리금 상환wol li geum sang hwan

    principal and interest repayment

  • 상환 기간sang hwan ki gan

    repayment period

  • 대출금 상환tae chul geum sang hwan

    loan repayment

Similar words

빚 갚기pit kapkki: The everyday act of paying back a debt.
갚음kapeum: The payment made when money owed is returned.

Definition in Korean

대출이나 빌린 돈을 정해진 조건에 따라 갚는 행위나 그 갚는 금액.tae chu ri na pil lin to neul cheong hae jin cho geo ne tta ra kam neun haeng wi na keu kam neun keu maek

Word origin

The Sino-Korean formation 상환 (sanghwan, "repayment") joins 상 (sang, "repay") with 환 (hwan, "return") to express money being returned.

Usage tips

  • 상환 (sanghwan, "repayment") is more common in official financial writing than in relaxed conversation, making it a useful word to recognize in documents.

Opposites

Related words

  • 상환기간sanghwangiganrepayment periodnoun
  • 상환일sanghwanilrepayment datenoun

Word lists with this word