repossesses
Seizes for nonpayment
Repossesses is the act of taking back property when a buyer fails to make payments.
A lender repossesses a car, a bank repossesses a house.
The word implies prior ownership or legal claim: The finance company repossessed his truck after he missed three payments.
Figuratively, to repossess something is to reclaim it: She repossessed her sense of self after the divorce.
Preset standard option
- arrearsOverdue financial obligations
- delinquencyCriminal or neglectful behavior
- overduePast expected arrival
- collateralSecurity for debt
loan · mortgage · payment · creditor · debtor · indebtedness · obligation · lien
Take back possession
- retrieveGet something back
- recoupRegain a loss
- seizeTake suddenly, forcibly
- retakeAttempt something again
regain · reacquire · recapture · recovery · redemption · reinstatement · surrender · voluntary
Means of transport
- carWheeled motor vehicle
- automobileSelf-propelled passenger conveyance
- homeOne's personal residence
- houseResidential building
equipment · asset · title · deed · ownership · collateral · inventory · merchandise
default
Preset standard option
- arrearsOverdue financial obligations
- delinquencyCriminal or neglectful behavior
- overduePast expected arrival
collateral · loan · mortgage · payment · creditor · debtor · indebtedness · obligation · lien · dunning
reclaim
Take back possession
retake · regain · reacquire · recapture · recovery · redemption · reinstatement · surrender · voluntary · involuntary
vehicle
Means of transport
- carWheeled motor vehicle
- automobileSelf-propelled passenger conveyance
- homeOne's personal residence
house · equipment · asset · title · deed · ownership · collateral · inventory · merchandise · furniture
foreclosure
Lender seizes mortgaged property
- evictionForced departure from rental
- seizureForcible taking or convulsion
- judgmentReasoned decision-making capacity
writ · court · bailiff · summons · plaintiff · defendant · litigation · injunction · replevin · sheriff
repossessesrelinquishes
Voluntarily gives up control
surrenders · gives up · cedes · hands over · forfeits
- repossession agentRecovers defaulted collateral
repossess, repossession, repossessed, prepossession, repossessing, prepossessed, repossessor