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1

repo

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adjective re·po \ˈrē-ˌpō\

Simple Definition of repo

  • : of or relating to the business of taking property from people who have stopped making the payments that they agreed to make to pay for it

Source: Merriam-Webster's Learner's Dictionary

Full Definition of repo

  1. :  of, relating to, or being in the business of repossessing property (as a car) from buyers who have defaulted on payments <a repo company>

Origin and Etymology of repo

short for repossession


First Known Use: 1954


2

repo

noun re·po

Definition of repo

plural

repos



Origin and Etymology of repo

by shortening & alteration


First Known Use: 1962


Law Dictionary

repo

noun re·po \ˈrē-ˌpō\

Legal Definition of repo

plural

repos





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