Advertisement

Advertisement

foreclosure

[ fawr-kloh-zher, fohr- ]

noun

Law.
  1. the act of foreclosing a mortgage or pledge.


foreclosure

  1. A proceeding in which the financer of a mortgage seeks to regain property because the borrower has defaulted on payments.
Discover More

Other Word Forms

  • t·ڴǰ·sܰ noun adjective
  • ԴDzЭǰ·sܰ noun
Discover More

Word History and Origins

Origin of foreclosure1

First recorded in 1720–30; foreclose + -ure
Discover More

Example Sentences

Examples have not been reviewed.

In fact, about 25% of cancer patients either lose their homes to foreclosure or go bankrupt.

From

There’s another kind of mobility that comes about involuntarily — a result of foreclosure, eviction, or housing insecurity.

From

“The home can be repossessed if the person falls behind, and that's usually a quicker process than in default and foreclosure,” Rachel Siegel, a senior officer with Pew Charitable Trusts’ housing policy initiative, told Salon.

From

The suit alleges that the foreclosure “was part of a sham to defraud creditors” and did not disrupt business operations.

From

Under the plan, which must be approved by a state board, more than $100 million would be available in direct relief for people at risk of foreclosure.

From

Advertisement

Advertisement

Advertisement

Advertisement


forecloseforeconscious