Accountancy, asked by jennisanthanaraj, 2 months ago

What do you mean by repossession

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Answered by ashupm
1

Answer:

Repossession is the term used to describe the taking back of property after a borrower has defaulted on payments. The lender either repossesses the collateral or pays a third-party service to do so.

Answered by akkhi3439
0

Answer:

Here is your answer u can go through it...

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