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repossess
[ ree-puh-zes ]
verb (used with object)
- to regain ownership of; to take back, especially for failure to make due payment:
After the first few payments, the buyer defaulted on the contract, and we were forced to repossess the piano.
- to give (someone) ownership of something again; restore something to (used with of ):
In 1814, a coalition of European powers defeated Napoleon and repossessed the ousted Bourbons of their throne.
repossess
/ ˌriːpəˈzɛʃən; ˌriːpəˈzɛs /
verb
- to take back possession of (property), esp for nonpayment of money due under a hire-purchase agreement
- to restore ownership of (something) to someone
Derived Forms
- repossession, noun
- ˌreposˈsessor, noun
Other Words From
- re·pos·sess·a·ble adjective
- re·pos·ses·sion [ree-p, uh, -, zesh, -, uh, n], noun
- re·pos·ses·sor noun
- un·re·pos·sessed adjective
Word History and Origins
Origin of repossess1
Example Sentences
She was served a no-fault eviction, which allows landlords to repossess their properties even if there has been no problem with the tenant.
Some people may decide to sell their home and - in extreme circumstances - the lender could take court action to repossess it.
Hankey has said the goal is to stop loans from going bad, not repossess vehicles, which is costly.
A freeholder can apply to repossess a property if there is a breach of the lease, for example not paying the ground rent or service charge.
The association said its members "never want to use forfeiture to repossess a property, and hardly ever do".
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