5 letter words ending in PAY

Repay

Part of Speech: Verb

Definition: To pay back or return money that was borrowed or owed.

Pronunciation (US): /rɪˈpeɪ/

Pronunciation (UK): /rɪˈpeɪ/

Origin and Usage: The word "repay" originated from the combination of the prefix "re-" meaning "back" and the verb "pay". It has been in use since the 15th century, and is commonly used in financial and business contexts.

Synonyms: Reimburse, refund, compensate, remunerate, settle.

Related Words: Payee, payer, party, peace, pearl.

Example Sentences:

• He promised to repay the loan by the end of the month.
• She finally repaid her debt to her parents after many years.
• The company will repay the investors with interest.
• He had to repay the favor by helping his friend move.
• She was grateful for the opportunity to repay her mentor by helping him with his project.

Copay

Part of Speech: Noun

Definition: A copay, short for copayment, is a fixed amount of money that an individual pays for healthcare services or prescription drugs, usually at the time of service or purchase. Copays are typically set by health insurance providers and can vary depending on the plan and the service being provided.

Pronunciations: US: /ˈkoʊpeɪ/; UK: /ˈkəʊpeɪ/

Origin and Usage: The term "copay" originated in the United States in the 1940s as a way for health insurance providers to share the cost of medical care with their customers. Copays have become a standard feature of many health insurance plans in the US and are also used in some other countries.

Synonyms: Copayment, out-of-pocket cost, patient responsibility

Related Words: Payee, repay, layup, soapy, happy

Example Sentences:

• She had to pay a $20 copay for her doctors visit.
• The copay for her prescription was only $5.
• Some insurance plans have higher copays for specialist visits.