foreclosure Definition and Meaning in English (foreclosure definition)

noun
Quick Answer • Definition

Foreclosure definition: Foreclosure is the legal process by which a lender takes possession of a property from a borrower who has failed to make mortgage payments.

Definitions of Foreclosure

  1. 1noun(formal)

    Foreclosure is the legal process by which a lender takes possession of a property from a borrower who has failed to make mortgage payments.

Example Sentences

business

“The bank initiated foreclosure proceedings after three missed payments.”

Inflected Word Forms

infinitiveforeclose
past tenseforeclosed
present participleforeclosing

Frequently Asked Questions: Foreclosure in English

What is the meaning of Foreclosure in English?▼
Foreclosure definition: Foreclosure is the legal process by which a lender takes possession of a property from a borrower who has failed to make mortgage payments.
How do you translate 'Foreclosure' to English?▼
'Foreclosure' translates to 'foreclosure' in English. Foreclosure definition: Foreclosure is the legal process by which a lender takes possession of a property from a borrower who has failed to make mortgage payments.
How do you pronounce 'Foreclosure' and 'foreclosure'?▼
Listen to clear English audio pronunciation of 'Foreclosure' and native English audio speech for 'foreclosure' with bilingual sentence examples on DictBridge.

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