What does repossess mean?

Definitions for repossess
ˌri pəˈzɛsre·pos·sess

This dictionary definitions page includes all the possible meanings, example usage and translations of the word repossess.

Princeton's WordNet

  1. reclaim, repossessverb

    claim back

  2. take back, repossessverb

    regain possession of something

GCIDE

  1. Repossessverb

    Specifically: To take possession of, for failure of the possessor to make payments owed for purchase of; -- used of real estate subject to mortgage payments and of other objects purchased on a time-payment plan, which may be taken back (repossessed) by the original vendor if the payments are not made on time.

Wiktionary

  1. repossessverb

    To reclaim ownership of property for which payment remains due.

Samuel Johnson's Dictionary

  1. To Repossessverb

    To possess again.

    Etymology: re and possess.

    How comes it now, that almost all that realm is repossessed of them? Edmund Spenser, State of Ireland.

    Her suit is now to repossess those lands,
    Which we in justice cannot well deny. William Shakespeare.

    Nor shall my father repossess the land,
    The father’s fortune never to return. Alexander Pope, Odyssey.

Wikipedia

  1. repossess

    Repossession, colloquially repo, is a "self-help" type of action, mainly in the United States, in which the party having right of ownership of the property in question takes the property back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.The extent to which repossession is authorized, and how it may be executed, greatly varies in different jurisdictions (see below). When a lender cannot find the collateral, cannot peacefully obtain it through self-help repossession, or the jurisdiction does not allow self-help repossession, the alternative legal remedy to order the borrower to return the goods (prior to judgment) is replevin. The security interest over the collateral is often known as a lien. The lender/creditor is known as the lienholder.

ChatGPT

  1. repossess

    To repossess is to take back possession or ownership of something, especially for non-payment of money owed. It usually applies to items such as vehicles, property or goods purchased on credit from a company. It's a legal action that creditors often resort to when a debtor fails to fulfill their payment obligations or terms of a contract.

Webster Dictionary

  1. Repossessverb

    to possess again; as, to repossess the land

Chambers 20th Century Dictionary

  1. Repossess

    rē-poz-zes′, v.t. to possess again: to regain possession of.—n. Reposses′sion.

Matched Categories

Usage in printed sourcesFrom: 

Anagrams for repossess »

  1. espressos

  2. possesser

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Numerology

  1. Chaldean Numerology

    The numerical value of repossess in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of repossess in Pythagorean Numerology is: 9

Popularity rank by frequency of use

repossess#100000#115030#333333

Translations for repossess

From our Multilingual Translation Dictionary

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"repossess." Definitions.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.definitions.net/definition/repossess>.

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