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English definition of “repossession”

repossession

noun [C or U]     /ˌriː.pəˈzeʃ.ən/
the act of taking something back, or the thing that is taken back: house/mortgage repossessionsMortgages and real estateRenting, hiring and hire purchase in general Renting propertyCapturing or taking possession of thingsGetting, receiving and accepting → See also repo
(Definition of repossession noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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