REPOSSESSION Definition

Bookmark and Share

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

Learn new Accounting Terms

PURE COST is any direct readily verifiable cost assignable to the subject or item, e.g., the direct cost of producing a product.

SAVINGS DEPOSITS see SAVINGS ACCOUNTS.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.