foreclosed Definition and Meaning in English (foreclosed definition)

adjective
Quick Answer • Definition

Foreclosed definition: Describing a property or asset that has been legally repossessed by a lender due to the borrower's failure to make payments.

Definitions of Foreclosed

  1. 1adjective

    Describing a property or asset that has been legally repossessed by a lender due to the borrower's failure to make payments.

  2. 2verb

    To have legally repossessed a property from a borrower who failed to meet their loan obligations.

Example Sentences

business

“The bank foreclosed on the house after three missed payments.”

business

“Many foreclosed properties are sold at auction.”

Inflected Word Forms

infinitiveforeclose
present participleforeclosing
nounforeclosure

Frequently Asked Questions: Foreclosed in English

What is the meaning of Foreclosed in English?▼
Foreclosed definition: Describing a property or asset that has been legally repossessed by a lender due to the borrower's failure to make payments.
How do you translate 'Foreclosed' to English?▼
'Foreclosed' translates to 'foreclosed' in English. Foreclosed definition: Describing a property or asset that has been legally repossessed by a lender due to the borrower's failure to make payments.
How do you pronounce 'Foreclosed' and 'foreclosed'?▼
Listen to clear English audio pronunciation of 'Foreclosed' and native English audio speech for 'foreclosed' with bilingual sentence examples on DictBridge.

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