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Definition of Foreclosure in English :

Define Foreclosure in English

Foreclosure meaning in English

Meaning of Foreclosure in English

Pronunciation of Foreclosure in English

Foreclosure pronunciation in English

Pronounce Foreclosure in English

Foreclosure

see synonyms of foreclosure

Noun

1. foreclosure

the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default

WordNet Lexical Database for English. Princeton University. 2010.

Foreclosure

see synonyms of foreclosure
noun
the legal procedure for satisfying claims against a mortgagor in default who has not redeemed the mortgage: satisfaction may be obtained from the proceeds of a forced sale of the property

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.

Foreclosure

see synonyms of foreclosure
n.
1. The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed.
2. A property that has undergone foreclosure: decided to purchase a foreclosure.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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