The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

ABILITY TO REPAY Definition & Legal Meaning

Definition & Citations:

An individuals ability to repay a debt. This term also extends to borrowing institutions. This is a key factor used in the lending decision.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.