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foreclosure

American  
[fawr-kloh-zher, fohr-] / fɔrˈkloʊ ʒər, foʊr- /

noun

Law.
foreclosures plural
  1. the act of foreclosing a mortgage or pledge.


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


Other Word Forms

Derived Forms

Inflected Forms

Nouns

Etymology

Origin of foreclosure

First recorded in 1720–30; foreclose + -ure

Explanation

When a homeowner can't afford to pay her mortgage, she might face foreclosure, which is when a bank repossesses a borrower's house. A bank most often starts foreclosure proceedings against someone who's taken out a loan to buy a house when that person stops making monthly payments. The agreement a borrower makes when she gets a bank mortgage is that she'll pay a certain amount of money every month, and failing to do it means risking foreclosure. The word foreclosure comes from the Latin words fors, "out," and clore "to shut."

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Vocabulary lists containing foreclosure

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Foreclosure filings on U.S. properties rose by 14% to 367,460 last year, after increasing just 3% the previous year, according to the Attom U.S.

From MarketWatch • Mar. 7, 2026

Foreclosure looms for Nile Niami’s infamous mega-mansion ‘The One’

From Los Angeles Times • Sep. 11, 2021

Foreclosure risk jumped most when students came from middle-income households, but surprisingly, even an increase in college attendance among top-earning households would lead to elevated foreclosures.

From Washington Post • Aug. 6, 2018

During his first term as president, Barack Obama signed a piece of legislation into law known as the Protecting Tenants at Foreclosure Act of 2009.

From Encyclopedia.com • Jun. 26, 2018

Foreclosure and sale were a perennial source of profit to him.

From Darrel of the Blessed Isles by Bacheller, Irving

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