repossess
verb (used with object)
to regain ownership of; to take back, especially for failure to make due payment.
Used to describe an action that began in the past, has continued continuously, and is still in progress.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Anglo Irish and BoSI are not part of the company administration process, instead they have been repossessing individual assets.
From BBC ● Mar. 28, 2011