repossession

[US]/'ripə'zɛʃən/
Frequency: Very High

Translation

n. retrieval, recovery

Example Sentences

The bank threatened repossession of the house if the mortgage wasn't paid.

The car was taken away for repossession after the owner missed several payments.

Repossession of the property was the last resort for the landlord after months of unpaid rent.

The repossession process can be lengthy and complex, involving legal procedures.

The repossession of the company's assets was necessary to cover its debts.

Repossession can have serious consequences for individuals and businesses alike.

The lender initiated repossession proceedings against the borrower for defaulting on the loan.

Repossession laws vary from state to state, so it's important to understand the regulations in your area.

The repossession of the equipment disrupted the company's operations and caused financial losses.

Repossession can be a daunting process for those who are facing financial difficulties.

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