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foreclosure

Meaning in simple English, pronunciation and examples

Pronunciation: US /fɔːrˈkloʊʒər/ · UK /fɔːˈkləʊʒə/

foreclosure means: A legal process in which a lender takes property because the borrower has not made the required payments.

noun

PROPERTY REPOSSESSIONC1

A legal process in which a lender takes property because the borrower has not made the required payments.

  • They lost their home through foreclosure.
  • Missed mortgage payments can lead to foreclosure.
  • The bank started foreclosure proceedings last month.

How to use it: foreclosure on something (The bank began foreclosure on their home.)

Similar words: repossession

Common phrases: face foreclosure, foreclosure proceedings, avoid foreclosure

Questions about foreclosure

What does foreclosure mean?

A legal process in which a lender takes property because the borrower has not made the required payments.

What is foreclosure in other languages?

Türkçe: ipoteğin paraya çevrilmesi · Español: ejecución hipotecaria · Français: saisie immobilière · Deutsch: Zwangsvollstreckung · Italiano: espropriazione immobiliare · 日本語: 抵当権実行

How do you pronounce foreclosure?

In American English /fɔːrˈkloʊʒər/; in British English /fɔːˈkləʊʒə/.

How do you use foreclosure in a sentence?

They lost their home through foreclosure. Missed mortgage payments can lead to foreclosure.

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foreclosure in other languages

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