What's the difference between payment and repossess?

Payment


Definition:

  • (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation.
  • (n.) That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return.
  • (n.) Punishment; chastisement.

Example Sentences:

  • (1) However, some contactless transactions are processed offline so may not appear on a customer’s account until after the block has been applied.” It says payments that had been made offline on the day of cancellation may be applied to accounts and would be refunded when the customer identified them; payments made on days after the cancellation will not be taken from an account.
  • (2) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (3) The way we are going to pay for that is by making the rules the same for people who go into care homes as for people who get care at their home, and by means-testing the winter fuel payment, which currently isn’t.” Hunt said the plan showed the Conservatives were capable of making difficult choices.
  • (4) Focusing on two prospective payment systems that operated concurrently in New Jersey, this study employs the hospital department as the unit of analysis and compares the effects of the all-payer DRG system with those of the SHARE program on hospitals.
  • (5) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (6) But the company's problems appear to be multiplying, with rumours that suppliers are demanding earlier payment than before, putting pressure on HTC's cash position.
  • (7) Finally, before the advent of the third-party payment, operations were avoided because of the financial burden.
  • (8) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (9) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
  • (10) Pensioners, like those in receipt of long-term social welfare payments or those who can prove they cannot provide their heating needs during winter, are entitled to a means-tested weekly winter fuel allowance of €20 (£ 14.54) per household.
  • (11) Most (86 percent) had educational debt (mean = $20,500), and more than half of those with debt were making loan payments.
  • (12) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
  • (13) Tomorrow the courts are expected to sign off a $97.5m payment by the company to its shareholders, after investors took a class action lawsuit against the company.
  • (14) The payments were for services ranging from "project management" to "HR consultancy", according to the academy chain's company accounts.
  • (15) The four most common types of insurance that protect your income are income protection insurance, critical illness cover, life insurance, and payment protection insurance.
  • (16) In a 2011 interview with the Financial Times he said: “JPMorgan doesn’t have a chance in hell of not coming up with a big settlement.” He claimed: “There were people at the bank who knew what was going on.” The payment brings the total of fines imposed on JP Morgan to nearly $20bn in the past year.
  • (17) Gerson Zweifach, general counsel for both News Corp and 21st Century Fox , Murdoch’s film and TV business, said: “We are grateful that this matter has been concluded and acknowledge the fairness and professionalism of the Department of Justice throughout this investigation.” It is understood there has been no background settlement with the Department of Justice in order to avoid a full-blown investigation, contrary to speculation in New York over a year ago that the company was looking at a possible payment of over $850m.
  • (18) The payments are now more likely to made in shares issued monthly.
  • (19) Applications from Serbia, which account for 10% of the total, stem mostly from the dissolution of former Yugoslavia: payment of army reservists, access to savings in present-day Bosnia and Herzegovina, pensions in Kosovo.
  • (20) Without action today, the winter fuel payment would have decreased in value this coming winter.

Repossess


Definition:

  • (v. t.) To possess again; as, to repossess the land.

Example Sentences:

  • (1) Shelter’s analysis of MoJ figures highlights high-risk hotspots across the country where families are particularly at risk of losing their homes, with households in Newham, east London, most exposed to the possibility of eviction or repossession, with one in every 36 homes threatened.
  • (2) He wound up repossessing the cars of workers who fled town after the bust.
  • (3) Mortgage lenders are failing to follow rules designed to help people avoid repossession, according to a damning report published today.
  • (4) The owners of a wind turbine factory on the Isle of Wight won a repossession order today in their attempt to end an occupation of the plant by workers protesting at planned job losses.
  • (5) But by 2007 work dried up and we were struggling to pay the mortgage, leading to our home being repossessed.
  • (6) A record number of Americans are having their homes repossessed.
  • (7) A worse slump than expected means many more unemployed and thousands more homes repossessed.
  • (8) Therefore, possible future increases in unemployment or interest rates may cause a further wave of repossessions," said S&P credit analyst Neil Monro.
  • (9) Repossessions rise and properties lose 40% of their value.
  • (10) The difference between the two sets of repossession figures is due to the fact that the FSA data includes all lenders, including those offering second charge mortgages, while the CML only publishes figures on first charge loans advanced by its members.
  • (11) Figures from the Ministry of Justice show that 11,100 properties were repossessed by bailiffs between July and September this year , the highest quarterly figure since records began in 2000.
  • (12) "The UK deficit is the result of vital government action to keep the economy afloat and prevent the levels of unemployment, business closures and repossessions seen in previous recessions."
  • (13) The homelessness charity Crisis said the repossession figures showed the economic downturn had become "a human crisis" and that thousands of people were now at risk of homelessness.
  • (14) The housing minister, Margaret Beckett, said: "We know that some families are worried about their mortgage payments right now, and we are determined to do everything possible to ensure repossession is always a last resort.
  • (15) In its latest analysis of the Irish property market at the start of 2014, the ratings agency Fitch said one in five houses where mortgages had been in arrears for three months or more was likely to be repossessed.
  • (16) I understand what is happening to ordinary working people – their jobs are being lost, their families and the future of their children are being threatened, their houses are being repossessed and they are looking around for someone to give them help.
  • (17) Business failures and house repossessions were at record levels.
  • (18) The scheme, which aims to prevent people spiralling into debt, home repossession and relationship breakdown when they lose their jobs, is being considered by the party's policy review, chaired by MP Jon Cruddas .
  • (19) The Moody's report's key conclusion was relatively positive – it predicted that a combination of "lender forbearance and manageable affordability" would help older borrowers manage to avoid repossession.
  • (20) Mortgage-holders who bought council houses have a far higher rate of repossession than other groups of home owners.

Words possibly related to "repossess"