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
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.
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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