Repossessing
/ˌriːpəˈzɛsɪŋ/
Definitions
- (v.) Present participle of repossess, meaning the act of taking back property legally due to nonpayment or breach of contract.
The bank is repossessing the car after the owner missed several payments.
Forms
- repossess
- repossessed
Related terms
See also
Commentary
'Repossessing' is a gerund or present participle form used to describe the ongoing action and typically appears in contexts involving secured transactions and creditor remedies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.