Pronunciation: /ˌriː.pəˈzɛʃ.ən/
noun the act of taking back possession of something, especially in the case of default on payments or breach of contract
A1 I heard that my neighbor's car was repossessed.
A2 The repossession of the house was a difficult process for the family.
B1 After missing several mortgage payments, the bank initiated the repossession of the property.
B2 The repossession of the company's assets was a result of their financial mismanagement.
C1 The repossession of the artwork was a controversial decision by the museum.
C2 The repossession of the stolen goods was a major victory for the police department.
formal The repossession of the vehicle was carried out according to the terms of the contract.
informal They took back the car because he couldn't make the payments.
slang They repoed his ride because he was behind on payments.
figurative The repossession of his dreams left him feeling lost and directionless.
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