Repossession

The taking back of Property by a Lender or seller from the borrower or buyer, usually due to Default.

Related Terms: 8 Buy, Borrow, Default, Lend, Lender, Owe, Property, Sell

Other Related Pages: Category: Lending_and_Credit Starting With: R

Additional Related Terms: 10-K, Accrual of discount, Amortization of premium, All or any part, All-risks coverage, Abstract of title, Action to quiet title, Assignment to creditors, Attorney in fact, Assignment of mortgage