REPOSSESSION Definition

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REPOSSESSION is the action of regaining possession, e.g. the seizure of collateral securing a loan that is in default.

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INTEREST INCOME - NON-OPERATING is interest income generated from non-operating investment securities such as certificates of deposit or bonds for non-financial service companies.

APPLIED RESEARCH is designed to solve practical problems of the modern world, rather than to acquire knowledge for knowledges sake.

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