Definition of foreclosure in English:

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foreclosure

Pronunciation: /ˌfôrˈklōZHər/

noun

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 foreclosure

closure, composure, enclosure, exposure
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