Definition: Repayment of lending

Category: National accounts

This includes actual repayment of lending and imputed repayments associated with debt cancellation.  In most cases debt cancellation should be recorded as a transaction in F.4; the counterpart is usually a capital transfer from government - D.99 - (except when privatisation is imminent: the counterpart is a transaction in shares and other equity - F.5).  In some cases the debt write-off is recorded in K.12 (changes in classification and structure) or K.10 (other volume changes) if the write-off is associated with appearance and disappearance of units, or with significant changes in the structure and functions of units.