👉 Reobtained is a term used in the field of accounting and finance, specifically related to the process of recovering assets from creditors. It refers to the act of returning an asset or debt to its rightful owner upon the occurrence of a financial event such as a payment due. The concept of reobtaining assets can be traced back to the late 19th century when it was first used in the context of banking and finance. The term "reobtained" is derived from
