foreclosure

noun

fore·​clo·​sure (ˌ)fȯr-ˈklō-zhər How to pronounce foreclosure (audio)
: an act or instance of foreclosing
specifically : a legal proceeding that bars or extinguishes a mortgagor's right of redeeming a mortgaged estate

Examples of foreclosure in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Mamdani has proposed using such fines as a vehicle to bring distressed rental properties under city stewardship, by aggressively pursuing liens on delinquent landlords and buying up their portfolios through foreclosure auctions. ABC News, 3 Apr. 2026 Eventually, the original lender for the property lost patience with the prior owners and seized the current building at the site through a speedy foreclosure. George Avalos, Mercury News, 3 Apr. 2026 Landin said he’s spoken to several sellers who are considering short-sale opportunities or the possibility of foreclosures. Lily O'Neill, San Antonio Express-News, 2 Apr. 2026 Since then, more than 10,000 veterans have lost their homes through foreclosure sales, according to ICE Mortgage Technology, which tracks such data. Quil Lawrence, NPR, 2 Apr. 2026 See All Example Sentences for foreclosure

Word History

First Known Use

1713, in the meaning defined above

Time Traveler
The first known use of foreclosure was in 1713

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Cite this Entry

“Foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclosure. Accessed 5 Apr. 2026.

Legal Definition

foreclosure

noun
fore·​clos·​ure fōr-ˈklō-zhər How to pronounce foreclosure (audio)
1
: a legal proceeding that bars or extinguishes a mortgagor's equity of redemption in mortgaged real property see also deficiency judgment at judgment, redeem, right of redemption, statutory foreclosure, strict foreclosure sense 1
2
: the extinguishment (as under the provisions of Article 9 of the Uniform Commercial Code) of the rights of a debtor in personal property subject to a security interest by judicial proceedings and especially by judicial sale see also strict foreclosure sense 2

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