(US) A man employed by a financecompany or similar lender to repossess property which is the security for a loan or subject of a lease and where payments have not been made by the borrower/lessor at agreed times (i.e. one that is in default).
1984, Alex Cox, Repo Man, spoken by Otto Maddox (Emilio Estevez):
I'm a repo man. It's a repossesser. I take back cars from dildos who don't pay their bills. Cool huh?
