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TeachMeFinance.com - explain Repayment contract Repayment contract The term 'Repayment contract ' as it applies to the area of agriculture can be defined as ' A contract between a water user’s organization and the Bureau of Reclamation by which the organization obligates itself to repay a share of the reimbursable construction and other costs (not all construction costs are reimbursed by water users) of a Bureau project in installments determined in accordance with reclamation law in exchange for delivery of water'. Previous 5 Terms: Renewable resources Renewable resources reniform Reopening REP Next 5 Terms: repeating decimal repeating pattern Repetitive DNA Replacement Cost Value (RCV) Replacement energy source for primary heating About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.