replevin

replevin definition - business

replevin

Legal action to recover possession of personal property. For example, a secured creditor institutes replevin to gain possession of assets used as collateral for a loan in default.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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