foreclosing Definition and Meaning in English (foreclosing definition)

verb
Quick Answer • Definition

Foreclosing definition: The legal process by which a lender takes possession of a mortgaged property when the borrower fails to make payments.

Definitions of Foreclosing

  1. 1verb(formal)

    The legal process by which a lender takes possession of a mortgaged property when the borrower fails to make payments.

Example Sentences

business

“The bank is currently foreclosing on several properties.”

general

“Foreclosing on a family home is always a last resort.”

Inflected Word Forms

infinitiveforeclose
third person singularforecloses
past tenseforeclosed
nounforeclosure
agent nounforecloser

Frequently Asked Questions: Foreclosing in English

What is the meaning of Foreclosing in English?▼
Foreclosing definition: The legal process by which a lender takes possession of a mortgaged property when the borrower fails to make payments.
How do you translate 'Foreclosing' to English?▼
'Foreclosing' translates to 'foreclosing' in English. Foreclosing definition: The legal process by which a lender takes possession of a mortgaged property when the borrower fails to make payments.
How do you pronounce 'Foreclosing' and 'foreclosing'?▼
Listen to clear English audio pronunciation of 'Foreclosing' and native English audio speech for 'foreclosing' with bilingual sentence examples on DictBridge.

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