MyNdes

repossess goods

Reclaim or claim possession of goods in order to compensate for a debt which a debtor is unable to repay, such as a financial debt or money owed as ruled by a court of law.

Also called: recover goods, recover possessions, retrieve goods, reclaim goods, retake goods, retrieve possessions, retake possessions, reclaim possessions

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Definition from ESCO, published by the European Commission. Source concept

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