Repossess
volume
British pronunciation/ɹɪpəzˈɛs/
American pronunciation/ˌɹipəˈzɛs/

Definitie & Betekenis van "repossess"

to repossess
01

to retake the possession of the property or goods that someone can no longer pay for, despite the fact that they agreed to do so over a period of time

02

claim back

example
Voorbeeld
examples
Failure to make mortgage payments on time can lead to foreclosure, where the lender repossesses the property.
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