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inoh

repo

/ˈɹɛpoʊ/

Signification 1

the taking back of property by a lender

“The bank initiated a repo on the car.”
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Illustration de repo : the taking back of property by a lender

Signification 2

a vehicle taken back because of an unpaid loan

“He bought a cheap repo from the local bank.”
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Illustration de repo : a vehicle taken back because of an unpaid loan