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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
(Definition of repossession noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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