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[fawr-kloh-zher, fohr-] /fɔrˈkloʊ ʒər, foʊr-/
noun, Law.
the act of foreclosing a mortgage or pledge.
Origin of foreclosure
First recorded in 1720-30; foreclose + -ure
Related forms
antiforeclosure, noun, adjective
nonforeclosure, noun Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for foreclosure
Contemporary Examples
Historical Examples
  • First suffering, then mortgage, then foreclosure and eviction, he prophesied.

    The New Nation Frederic L. Paxson
  • All the surer, from a condition in that particular deed: foreclosure, without time.

    The Death Shot Mayne Reid
  • I took over Abdullahs factory on foreclosure and added it to my own.

    The Mercy of Allah Hilaire Belloc
  • He said something about a foreclosure, too, and he said that meant I was to lose my place.

    Captain Pott's Minister Francis L. Cooper
  • Ultimately this deposit passed to the trust by foreclosure of the $10,000 mortgage.

    Behind the Mirrors Clinton W. Gilbert
Word Origin and History for foreclosure

1728, from foreclose + -ure.

Online Etymology Dictionary, © 2010 Douglas Harper
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foreclosure in Culture

foreclosure definition

A proceeding in which the financer of a mortgage seeks to regain property because the borrower has defaulted on payments.

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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