repossessions

[US]/[rɪˈpɒsɪʃənz]/
[UK]/[rɪˈpɒsɪʃənz]/
Frequency: Very High

Translation

n.the act of taking back property from a borrower who has failed to repay a loan.; the state of being repossessed.; the total number of properties repossessed in a given period.

Phrases & Collocations

foreclosure repossessions

avoiding repossessions

recent repossessions

high repossessions

record repossessions

preventing repossessions

property repossessions

loan repossessions

future repossessions

increased repossessions

Example Sentences

the bank initiated several repossessions due to widespread mortgage defaults.

rising interest rates often lead to an increase in repossessions of vehicles.

foreclosure and repossessions are devastating consequences of financial hardship.

the government implemented measures to reduce the number of repossessions.

a surge in repossessions can negatively impact the housing market.

legal proceedings surrounding repossessions can be lengthy and complex.

the company faced a wave of repossessions following the economic downturn.

preventing repossessions is a priority for consumer protection agencies.

the rise in repossessions highlighted the need for financial literacy programs.

they sought legal advice to avoid potential repossessions of their property.

the impact of repossessions on families can be emotionally devastating.

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