foreclosure
noun
fore·clo·sure
(ˌ)fȯr-ˈklō-zhər 
: 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
The goals of the fund are to help reduce homeowner foreclosures and stabilize neighborhoods.
—
Camila Alvayay Torrejon, The Conversation, 7 Mar. 2025
If the economy suffers a downturn, dividends might fall and payment times might lengthen, but there would be fewer foreclosures.
—Roger Valdez, Forbes, 6 Mar. 2025
The property is in foreclosure and burdened by a reverse mortgage, which has hampered efforts to find a new owner to restore and preserve the house, Miller said.
—Robert Channick, Chicago Tribune, 5 Mar. 2025
Nearly a half dozen towers — some of the most recognizable in the city — are in foreclosure or receivership.
—Kenneth R. Gosselin, Hartford Courant, 2 Mar. 2025
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Camila Alvayay Torrejon, The Conversation, 7 Mar. 2025
If the economy suffers a downturn, dividends might fall and payment times might lengthen, but there would be fewer foreclosures.
—Roger Valdez, Forbes, 6 Mar. 2025
The property is in foreclosure and burdened by a reverse mortgage, which has hampered efforts to find a new owner to restore and preserve the house, Miller said.
—Robert Channick, Chicago Tribune, 5 Mar. 2025
Nearly a half dozen towers — some of the most recognizable in the city — are in foreclosure or receivership.
—Kenneth R. Gosselin, Hartford Courant, 2 Mar. 2025
See All Example Sentences for foreclosure
Cite this Entry
“Foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclosure. Accessed 12 Mar. 2025.
Copy CitationLegal Definition
foreclosure
noun
fore·clos·ure
fōr-ˈklō-zhər
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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