Meaning of the word repossession in English
What does repossession mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
repossession
US /ˌriː.pəˈzeʃ.ən/
UK /ˌriː.pəˈzeʃ.ən/
Noun
the action of taking back something that was bought with borrowed money because the money was not being paid back as agreed
Example:
•
The bank initiated repossession proceedings after he missed several car payments.
•
The company specializes in the repossession of financed equipment.
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