repossess
verb (used with object)
to regain ownership of; to take back, especially for failure to make due payment.
Used to describe an ongoing action or state that is currently taking place in the immediate present.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The step comes amid a growing furor over how the largest U.S. mortgage lenders are repossessing the homes of delinquent borrowers.
From Reuters ● Oct. 8, 2010