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  1. Dictionary

    re·pos·sess
    [ˌrēpəˈzes]
    verb
    repossess (verb) · repossesses (third person present) · repossessed (past tense) · repossessed (past participle) · repossessing (present participle)
    1. retake possession of (something) when a buyer defaults on payments:
      "565 homes were repossessed for nonpayment of mortgages"
    Translate repossess to
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    Similar and Opposite Words
    verb
    1. retake possession of (something) when a buyer defaults on payments:
      Opposite:
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  2. People also ask
    What does repossess mean?Get Word of the Day daily email! The meaning of REPOSSESS is to regain possession of. How to use repossess in a sentence.
    What is repossessing a car?It is simply a case of repossessing a car, according to an agreement; it does not require enforcement of any kind. We were repossessing our own territory, whereas they are invading the territory of others. There would come a point at which further action became necessary to repossess the islands.
    What happens if a property is repossessed?The lender may repossess the property to recoup the loan. have sth repossessed In the last credit crisis over five thousand families had their homes repossessed. The farmer could then repossess his land and turn to another potential donor of pensions.
    What is a repossession action?Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.
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  3. Repossess Definition & Meaning - Merriam-Webster

     
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