Definition of foreclosure in English:
The action of taking possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments: assistance for mortgage borrowers facing foreclosure major increases in home foreclosures
More example sentences
- With interest rates now rising, there will be many foreclosures.
- She contacted her lender, which helped her avert foreclosure.
- A relative's legal troubles pushed her into foreclosure twice within the last two years.
Words that rhyme with foreclosureclosure, composure, enclosure, exposure
Definition of foreclosure in:
- British & World English dictionary
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