What's the difference between prepossession and repossession?
Prepossession
Definition:
(n.) Preoccupation; prior possession.
(n.) Preoccupation of the mind by an opinion, or impression, already formed; preconceived opinion; previous impression; bias; -- generally, but not always, used in a favorable sense; as, the prepossessions of childhood.
Example Sentences:
(1) In 2010, Time Out ranked his mini-empire among London's 40 top shops, but the recession happened and the whole lot went belly-up not long after, leaving Ki with this not particularly prepossessing place underneath the arches.
(2) Regarding the results it is obvious that prophylactic cerclage has better prepossessions for a normally terminated delivery.
Repossession
Definition:
(n.) The act or the state of possessing again.
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.