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repossess

play
verb re·pos·sess \ˌrē-pə-ˈzes also -ˈses\

Simple Definition of repossess

  • : to take (something) back from a buyer because payments are not being made

Source: Merriam-Webster's Learner's Dictionary

Full Definition of repossess

  1. transitive verb
  2. 1 a :  to regain possession of b :  to take possession of (something bought) from a buyer in default of the payment of installments due

  3. 2 :  to restore to possession

repossession

play \-ˈze-shən also -ˈse-\ noun

repossessor

play \-ˈze-sər also -ˈse-\ noun

Examples of repossess in a sentence

  1. The bank repossessed her truck.

  2. <if you don't pay off the loan, the bank will come and repossess your car>



15th Century

First Known Use of repossess

15th century


Law Dictionary

repossess

play
transitive verb re·pos·sess \ˌrē-pə-ˈzes\

Legal Definition of repossess

  1. :  to regain possession of; especially :  to take possession of again by judicial process or self-help upon default of the payment of installments due — compare foreclose, seize 2

repossessor

\-ˈze-sər\ play noun




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