Definition of repossess verb from the Oxford Advanced American Dictionary

 

repossess

 verb
verb
NAmE//ˌripəˈzɛs//
 
[usually passive]repossess somethingVerb Forms present simple I / you / we / they repossess
 
he / she / it repossesses
 
past simple repossessed
 
-ing form repossessing
 
 
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to take back property or goods from someone who has arranged to buy them but who still owes money for them and cannot pay First I lost my job, then my house was repossessed.
See the Oxford Advanced Learner's Dictionary entry: repossess