Definition, Meaning & Synonyms
repo-man
noun
/ˈrɛpəʊ mæn/
Definition
A repo-man is a person who is employed to recover property that is in default, typically due to non-payment.
Examples
- The repo-man arrived at the home to collect the car after the payments were missed.
- She was startled to find a repo-man waiting at her driveway.
Meaning
Repo-men work for banks or other financial institutions to reclaim repossessed items such as cars or other secured assets when the owner fails to meet payment obligations.
Synonyms
- Repossessor
- Recovery agent
- Collection agent