Repossession: Difference between revisions
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The [[colony]] world which included [[Isolation Station Forty]] was repossessed by the [[Plutocratic Empire]], a few centuries before the [[Eighth Doctor]] arrived, as the empire held a [[lease]] on the property; the colonists failed to maintain their [[residual (finance)|residuals]] to the empire, and they [[default (finance)|defaulted]]. When the planet was designated for repossession, the empire sent in receivership forces, and a 400-year [[war]] between the planet's inhabitants and the Plutocratic Empire began. ([[PROSE]]: ''[[Anachrophobia (novel)|Anachrophobia]]'') | The [[colony]] world which included [[Isolation Station Forty]] was repossessed by the [[Plutocratic Empire]], a few centuries before the [[Eighth Doctor]] arrived, as the empire held a [[lease]] on the property; the colonists failed to maintain their [[residual (finance)|residuals]] to the empire, and they [[default (finance)|defaulted]]. When the planet was designated for repossession, the empire sent in receivership forces, and a 400-year [[war]] between the planet's inhabitants and the Plutocratic Empire began. ([[PROSE]]: ''[[Anachrophobia (novel)|Anachrophobia]]'') | ||
[[Category:Property]] | [[Category:Property]] | ||
[[Category:Economics from the real world]] | [[Category:Economics from the real world]] | ||
[[Category:Law and order]] | [[Category:Law and order]] | ||
Latest revision as of 18:38, 26 February 2019
Repossession was an economic agreement wherein property was taken as collateral, as a "stalemate" in a difficult situation.
The colony world which included Isolation Station Forty was repossessed by the Plutocratic Empire, a few centuries before the Eighth Doctor arrived, as the empire held a lease on the property; the colonists failed to maintain their residuals to the empire, and they defaulted. When the planet was designated for repossession, the empire sent in receivership forces, and a 400-year war between the planet's inhabitants and the Plutocratic Empire began. (PROSE: Anachrophobia)
