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Repossess

usgb/ˌriːpəˈzes/Volume
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Financial Context

Used in contexts where payment obligations have not been met, often linked to loans and finance agreements.

Illustration for Financial Context
If the debtor doesn't settle his debt, the creditors will repossess the goods.
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Legal Process

Repossession involves a legal process and rights, usually by a financial institution or lender.

Illustration for Legal Process
The company initiated repossession proceedings for the overdue equipment.
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Negative Connotation

The word often carries a negative feeling, particularly for the person experiencing repossession.

Illustration for Negative Connotation
Having her motorcycle repossessed was a low point in Jenna’s life.
Visual representation of the word "Repossess"

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