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repossess

re·pos·sess [ rpə zéss ] (past and past participle re·pos·sessed, present participle re·pos·sess·ing, 3rd person present singular re·pos·sess·es)


transitive verb 
Definition:
 
reclaim sold goods or property: to take back goods or property from a buyer who has failed to keep up payments on them


re·pos·ses·sion noun
re·pos·ses·sor noun
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