Examlex
The defining feature of the angiosperms is the ________.
Repossession
The act of a creditor or lessor taking back goods or property from the debtor or lessee, usually due to failure to meet the terms of an agreement.
Default
Failure to fulfill a legal obligation, especially the failure to pay back a loan on time or to meet the terms of a contract.
Collateral
Property or assets pledged as security for a loan, which can be seized by the lender if the loan is not repaid.
Defaulted On The Loan
A situation in which a borrower fails to make the agreed-upon payments on a loan within the specified time, leading to a breach of the loan agreement.
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