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English definition of “repossess”

repossess

verb [T] uk   /ˌriː.pəˈzes/ us  
to take back possession of something, especially property that has not been completely paid for: I couldn't make my mortgage repayments so the building society repossessed my house.Mortgages and real estateRenting, hiring and hire purchase in general Renting propertyCapturing or taking possession of thingsGetting, receiving and accepting
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(Definition of repossess from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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