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
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If the turnover order gave a creditor no more than the debtor's economic interest, then there really would be little difference between granting a turnover order and a charging order which is subject to foreclosure, but that doesn't appear to be what is going on in New York.
—
Jay Adkisson, Forbes.com, 18 May 2026
Just behind the cineplex and beyond the route of the busway, are 34 acres once occupied by a scrap metal yard acquired by the city in a foreclosure in 2021.
—Kenneth R. Gosselin, Hartford Courant, 17 May 2026
In the Edgewater Park Plaza foreclosure, East West Bank acted through an affiliate to seize ownership of the office hub, documents filed on May 11 with the Alameda County Recorder’s Office show.
—George Avalos, Mercury News, 14 May 2026
My home went in and out of foreclosure many times.
—Erik Hayden, HollywoodReporter, 14 May 2026
See All Example Sentences for foreclosure
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Jay Adkisson, Forbes.com, 18 May 2026
Just behind the cineplex and beyond the route of the busway, are 34 acres once occupied by a scrap metal yard acquired by the city in a foreclosure in 2021.
—Kenneth R. Gosselin, Hartford Courant, 17 May 2026
In the Edgewater Park Plaza foreclosure, East West Bank acted through an affiliate to seize ownership of the office hub, documents filed on May 11 with the Alameda County Recorder’s Office show.
—George Avalos, Mercury News, 14 May 2026
My home went in and out of foreclosure many times.
—Erik Hayden, HollywoodReporter, 14 May 2026
See All Example Sentences for foreclosure
Cite this Entry
“Foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclosure. Accessed 21 May. 2026.
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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