What does repossess mean?

Looking for the meaning or definition of the word repossess? Here's what it means.

Verb (law) To reclaim ownership of property for which payment remains due. (dated, reflexive) To gain back possession of. Find more words! 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This also means that, in certain situations, the finance company can repossess the car if you break the contract. This means that if Jacob does not pay the bank regularly, the bank can repossess his car and sell it to cover the loan. He said as soon as the go-ahead was given after the meeting, the council would proceed to repossess the idle plots. Reserving ownership rights ensures that the supplier can repossess the goods under certain conditions. If the loan fails the bank will not repossess the goods, they will just chase you for the cash. See Also What is another word for repossess? What is the opposite of repossess? Sentences with the word repossess Words that rhyme with repossess What is the past tense of repossess? What is the noun for repossess? Nearby Definitions reposits repository repositors repositories repositor repositions repossessed repossesses repossessing repossession repossessions repossessor 9-letter Words Starting With r re rep repo repos reposs reposse reposses