(law, finance) To reclaim ownership of property for which payment remains due.
Used in a Sentence
repossessed
Definitions, parts of speech, synonyms, and sentence examples for repossessed.
Editorial note
That means the impressive-sounding ratio ignores loans that are delinquent and those that have already been foreclosed or the homes repossessed.
Examples15
Definitions2
Parts of speech1
Quick take
(law, finance) To reclaim ownership of property for which payment remains due.
Meaning at a glance
The clearest senses and uses of repossessed gathered in one view.
(dated, reflexive) To gain back possession of.
Definitions
Core meanings and parts of speech for repossessed.
verb
(law, finance) To reclaim ownership of property for which payment remains due.
verb
(dated, reflexive) To gain back possession of.
Example sentences
That means the impressive-sounding ratio ignores loans that are delinquent and those that have already been foreclosed or the homes repossessed.
And the banks which see rising default rates from owners in negative equity, repossessed houses they can't sell.
If your house gets repossessed after missing a payment, you have something very wrong with your legal system.
If he was truly unwitting he will not be prosecuted, but the goods will still be repossessed, etc.
After not paying for a while, the car will probably be repossessed and resold.
It's not repossessed by a bank, it would be more like a land seizure.
A debt collector mistypes a license plate number and the wrong car gets repossessed.
Throw them in jail because their servers got repossessed by the bank?
The landlord was insolvent, bank repossessed, my tenancy agreement was declared void because landlord hadn't sought permission to let it out from the bank.
I don't want a potential google search to reveal I got my home repossessed for instance.
Not even my $5 VPS gets repossessed after missing a payment.
After being unable to find paying work for months, my vehicle was repossessed and I was evicted, broke with no support network.
Quote examples
It can't be "repossessed" if you own it.
What that means for intangibles such as "your data that is in their data center that is powered down because they didn't pay the bills" or even "that is on the disks that were repossessed by the company that leased them to them" will depend on lots of factors.
Proper noun examples
Repossessed isn't the right word but in the end, it would be resold and the gov't would make more money from it as well as new annual cycles of taxes.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use repossessed in a sentence?
That means the impressive-sounding ratio ignores loans that are delinquent and those that have already been foreclosed or the homes repossessed.
What does repossessed mean?
(law, finance) To reclaim ownership of property for which payment remains due.
What part of speech is repossessed?
repossessed is commonly used as verb.