What does repossession mean or Definition?

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List of meaning for repossession

the act or process of taking back possession of something when a buyer defaults on payments

repossession(noun)

the action of regaining possession (especially the seizure of collateral securing a loan that is in default)

the act or process of getting something back

an account of France's loss of the Louisiana Territory to Spain and its brief repossession of the area before selling it to the U.S. in 1803

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