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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.

See Examples For:

Many in the second cohort had mortgages with relatively high interest rates and then ended up in foreclosure, said Jeffrey Zabel, one of the authors of the paper.

From MarketWatch ● Sep. 16, 2026

The decades-old winery is now facing a foreclosure sale to cover a $37-million outstanding loan, according to the Press Democrat.

From Los Angeles Times ● Sep. 9, 2026

Examples include funds to avoid eviction or foreclosure, receive medical care, and pay for funeral expenses or tuition.

From MarketWatch ● Sep. 3, 2026

County officials said at the time that the foreclosure sale was too good to pass up.

From Los Angeles Times ● Aug. 5, 2026

“Umm...right, so the house went into foreclosure in 2009. That’s a year before he was spotted panhandling in the city.”

From "Odd One Out" by Nic Stone

Months later, he signed AB 238, a Harabedian bill that provided for 12 months of mortgage relief and banned late fees, foreclosures and negative reports to credit bureaus for homeowners who receive it.

From Los Angeles Times ● Sep. 15, 2026

We don’t have to live in a world where people profit from tragedy, be it wildfires or a child with cancer, housing foreclosures or weapons manufacturing.

From Salon ● Aug. 12, 2026

Government agencies have also wound down some Covid-19-era programs for helping distressed borrowers, contributing to the rise in foreclosures.

From The Wall Street Journal ● May 2, 2026

The figure is also the highest since the first quarter of 2020, when pandemic-era mortgage-relief measures and stimulus payments first led to a huge drop in foreclosures.

From The Wall Street Journal ● May 2, 2026

The unemployment caused home foreclosures, leading to shortfalls in property tax receipts, and therefore holes in the school budget.

From "Drama High" by Michael Sokolove

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