foreclosure
foreclosure
📚 Meanings
- 1.
The legal process by which a lender reclaims a property due to a borrower's failure to make payments.
"The bank initiated foreclosure proceedings on the house."
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💬 Examples
The bank threatened foreclosure on their home.
The bank threatened foreclosure on their home.
They were worried about facing foreclosure if they missed another payment.
They were worried about facing foreclosure if they missed another payment.
The legal team is handling the foreclosure process for the defaulted loan.
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foreclosure - translations in 14 languages
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Frequently asked about foreclosure
How do you pronounce foreclosure?
You can hear the pronunciation of foreclosure by tapping the audio button at the top of the page.
What does foreclosure mean?
foreclosure means "foreclosure". See the meanings and examples higher up on the page for the full picture.
How difficult is foreclosure?
foreclosure is a Advanced-level word.
Can you give an example sentence with foreclosure?
Example: "The bank threatened foreclosure on their home." — used to mean "foreclosure".
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