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The action of regaining possession (especially the seizure of collateral securing a loan that is in default)
Answer for the clue "The action of regaining possession (especially the seizure of collateral securing a loan that is in default) ", 12 letters:
repossession
Alternative clues for the word repossession
Word definitions for repossession in dictionaries
Douglas Harper's Etymology Dictionary
Word definitions in Douglas Harper's Etymology Dictionary
1580s, from re- + possession .
WordNet
Word definitions in WordNet
n. the action of regaining possession (especially the seizure of collateral securing a loan that is in default)
Wikipedia
Word definitions in Wikipedia
Repossession is a term used to denote a financial institution taking back an object that was either used as collateral or rented or leased. Repossession is a " self-help " type of action in which the party having right of ownership of the property in question ...
Wiktionary
Word definitions in Wiktionary
n. 1 (context uncountable English) The condition of being repossessed 2 (context countable English) The act of repossessing
The Collaborative International Dictionary
Word definitions in The Collaborative International Dictionary
Repossession \Re`pos*ses"sion\ (r?`p?z-z?sh"?n or -p?s s?sh"?n), n. The act or the state of possessing again.
Usage examples of repossession.
But my furious gorge, and empty paunch, so lusteth after a repossession of my famous town of Mansoul, that whatever comes out, I can wait no longer to see the events of lingering projects.
Bronze tablets bearing this oration for their inscription have been put on the walls of schoolhouses and public buildings all the way across the continent--plates in renewal of possession, that are another fruitage of the valley where the French planted their plates of possession and repossession a century before.
Perhaps repossessions and what they meant affected people more at this time of year.
He was also doing midnight car repossessions for small loan companies and some collection work for local merchants and a couple of Las Vegas casinos, making courtesy calls.