D defs.my
Entry 2 senses Webster, 1913

Repossess

/(rē̇`pŏz*zĕs" [or] rē̇`pŏs*sĕs")/ · Re·pos·sess · IPA /rˌiːpəzˈɛs/
01 v. t. To possess again; as, to repossess the land.
  1. 1.
    To possess again; as, to repossess the land.
  2. 2.
    To take possession of, for failure of the possessor to make payments owed for purchase of; -- used of real estate subject to mortgage payments and of other objects purchased on a time-payment plan, which may be taken back (repossessed) by the original vendor if the payments are not made on time.
Phrases & compounds
To repossess one's self of — to acquire again (something lost).