What is another word for repossession?

104 synonyms found


[ ɹɪpəzˈɛʃən], [ ɹɪpəzˈɛʃən], [ ɹ_ɪ_p_ə_z_ˈɛ_ʃ_ə_n]

How to use "Repossession" in context?

There are a few different types of repossession.

The first is when a lender takes back a loan that has not been repaid. This can happen if the debtor falls behind in their payments, defaults on their loan, or when the property is sold to a third party and the loan is due to be repaid.

The second, more common type of repossession, is when a lender takes back a property that they have already sold to a third party.

Paraphrases for Repossession:

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Homophones for Repossession:

Hyponym for Repossession:

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