Repossess

B2 16+
  • Frequency of Use
    20 %
  • Retention Rate
    70 %
  • Complexity
    60 %
  • Repossess Meanings

    verb to take back possession of something, especially when the owner has failed to make payments

    Fields related to repossess

    Real Estate

    In real estate, 'repossess' is relevant when a lender takes back a property from a homeowner who has defaulted on their mortgage payments.

    Finance

    In the finance industry, 'repossess' is used to describe the action of taking back possession of an item, typically a vehicle or property, due to non-payment by the borrower.

    Legal

    In legal contexts, 'repossess' is used to refer to the lawful process of reclaiming possession of an asset in accordance with the terms of a contract or agreement.

    Auto Industry

    Within the auto industry, 'repossess' is commonly used when a car dealership or lender takes back a vehicle from a customer who has failed to make their loan payments.

    Occupation Usage of repossess

    Writer

    In the legal field, a writer may use the term 'repossess' when discussing cases involving the repossession of property.

    Psychologist

    A psychologist may use the term 'repossess' when working with clients who are dealing with the emotional impact of having their possessions repossessed.

    Real Estate Agent

    A real estate agent may use the term 'repossess' when discussing the process of repossessing a property due to non-payment of a mortgage.

    Banker

    A banker may use the term 'repossess' when referring to the action of taking back a property or asset that was used as collateral for a loan.

    Debt Collector

    A debt collector may use the term 'repossess' when discussing the process of taking back goods or property from a debtor who has failed to make payments.

    Auto Lender

    An auto lender may use the term 'repossess' when referring to the act of taking back a vehicle from a borrower who has defaulted on their loan payments.

    Consolidated Statistics about repossess

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    Gender Usage

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