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Repo

/ˈɹiːpoʊ/

Repossession

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📖 Definitions of "Repo"

noun

1
Repossession
2
A repurchase agreement: a type of derivative which allows a borrower to use a financial security as collateral for a cash loan at a fixed interest rate
3
A repository usually containing software, in either source code or precompiled form.

verb

1
Repossess
"I had my car repoed when I became unable to keep up the payments."

💡 Words with a Similar Meaning to "Repo"

Found via reverse dictionary — words that share a conceptual meaning.

Word	Definition
redemptionnoun	(religion) Salvation from sin.
seizurenoun	(medicine, pathology) A sudden attack or convulsion, (e.g. an epileptic seizure).
recovernoun	(dated) The forward movement in rowing, after one stroke to take another (recovery).
retrievenoun	A retrieval.
capturenoun	An act of capturing; a seizing by force or stratagem.
repurchasenoun	The act of repurchasing.
buybacknoun	The repurchase of something previously sold, especially of stock by the company that issued it.
seizeverb	(transitive) To deliberately take hold of; to grab or capture.
buy-backnoun	Alternative form of buyback. [The repurchase of something previously sold, especially of stock by the company that issued it.]
annuitynoun	(insurance, pensions) A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries.
restingnoun	The action of rest
pensionnoun	(finance) An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes.
restnoun	(uncountable, of a person or animal) Relief from work or activity by sleeping; sleep.
pensionsnoun	(finance) An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes.
repo mannoun	(US) A man employed by a finance company or similar lender to repossess property which is the security for a loan or subject of a lease and where payments have not been made by the borrower/lessor at agreed times (i.e. one that is in default).
repaymentnoun	The act of repaying.
repayment mortgagenoun	(finance) A type of mortgage (typically a loan to buy a house) in which, over the term of the loan, the borrower gradually repays the loan principal, in addition to paying interest, so that at the end of the term the principal is wholly repaid.
reverse mortgagenoun	(finance) An agreement under which money is borrowed using one's home as collateral, to be repaid from the proceeds of its sale (usually on the owner's death).
rentnoun	A payment made by a tenant at intervals in order to lease a property.
rehypothecationnoun	(finance) The pledge of hypothecated client-owned securities in a margin account to secure a bank loan; usually used for mortgages.