Repossession: meaning, definitions and examples
🔙
repossession
[ ˌriːpəˈzɛʃ(ə)n ]
legal
The action or process of taking back possession of something, in particular when a buyer defaults on payments.
Synonyms
reacquisition, reclaiming, seizure.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
repossession |
Best used in legal and financial contexts when a lender takes back property due to defaulted payments.
|
reclaiming |
Commonly used in general or environmental contexts to describe recovering something or taking back possession, often with a sense of effort or right.
|
seizure |
Often used in legal or law enforcement contexts to describe the act of taking possession forcibly or by legal right, usually carries negative connotations.
|
reacquisition |
Appropriate in formal contexts to describe the act of gaining possession or control again, often used in business or historical contexts.
|
Examples of usage
- The repossession of the car was necessary after the buyer failed to make payments on time.
- The bank initiated repossession procedures after the borrower defaulted on the loan.
finance
The act of regaining possession of something, especially in the context of recovering assets from a borrower who has defaulted on a loan.
Synonyms
recapture, recovery, retaking.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
repossession |
This term is mainly used in financial and legal contexts when a lender takes back an item, typically property or a vehicle, due to non-payment by the borrower. It has a somewhat formal and potentially negative connotation.
|
recovery |
This word is versatile and commonly used to describe regaining health, restoring a situation to a normal state, or getting back something that was lost or stolen. It has a positive connotation.
|
retaking |
This term is almost exclusively used in contexts involving capturing something again, often through active and possibly aggressive means. It can apply to exam situations or military actions but usually suggests doing something over or regaining something through effort.
|
recapture |
This term is commonly used in military or strategic contexts when trying to get back something that was lost. It can also appear in contexts of re-experiencing something, like a feeling or moment, but mainly conveys a sense of struggle or effort to regain control.
|
Examples of usage
- The repossession of the house was a last resort for the bank to recover the unpaid debt.
- The lender was forced to proceed with repossession due to the borrower's failure to meet the payment obligations.
Translations
Translations of the word "repossession" in other languages:
🇵🇹 reapossessão
🇮🇳 पुनः प्राप्ति
🇩🇪 Rücknahme
🇮🇩 penyitaan kembali
🇺🇦 повернення власності
🇵🇱 przejęcie
🇯🇵 差し押さえ
🇫🇷 reprise de possession
🇪🇸 recuperación
🇹🇷 yeniden sahiplenme
🇰🇷 재소유
🇸🇦 استرجاع
🇨🇿 znovuzískání
🇸🇰 opätovné získanie
🇨🇳 重新占有
🇸🇮 ponovno posedovanje
🇮🇸 endurheimt
🇰🇿 қалпына келтіру
🇬🇪 ხელახლა მფლობელობა
🇦🇿 yenidən sahiblik
🇲🇽 recuperación
Etymology
The term 'repossession' originated from the combination of the prefix 're-' meaning 'back' or 'again' and the word 'possession'. The concept of repossession has been prevalent in various legal and financial contexts, serving as a mechanism for reclaiming assets or properties in cases of default or non-payment. The practice of repossession has evolved over time to establish legal frameworks and procedures governing the process.
See also: dispossess, dispossessed, possess, possessed, possessing, possession, possessions, possessive, possessor, possessors, repossess, repossessing.
Word Frequency Rank
At rank #27,892, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.
- ...
- 27889 regularized
- 27890 diatribe
- 27891 uninvolved
- 27892 repossession
- 27893 unleaded
- 27894 romp
- 27895 motivator
- ...