foreclosure

IPA: fɔrkɫˈoʊʒɝ

noun

  • (law) The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments.
  • (psychoanalysis) The absence of a symbolic father for a fatherless child, as a cause for psychosis.
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Examples of "foreclosure" in Sentences

  • The foreclosure notice is the margin call.
  • The restaurant was then forced to foreclosure.
  • The individual foreclosures need to be expanded.
  • Its purpose was to refinance homes to prevent foreclosure.
  • Foreclosures on the housing side are hitting the credit side.
  • The lawsuit concludes with a foreclosure the lis pendens ends.
  • Foreclosure is done by the order of the court, not by any person.
  • In 1946, the city took control over the property in a tax foreclosure sale.
  • The main cause of foreclosure is that the loan amount exceeds the market value.
  • Leading self help system designed to educate homeowners on how to challenge foreclosures for improper mortgage securitization flaws.

Related Links

synonyms for foreclosuredescribing words for foreclosure
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