foreclosure

[ fawr-kloh-zher, fohr- ]

/ fɔrˈkloʊ ʒər, foʊr- /

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noun Law.

the act of foreclosing a mortgage or pledge.

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Origin of foreclosure

First recorded in 1720–30; foreclose + -ure

OTHER WORDS FROM foreclosure

an·ti·fore·clo·sure, noun, adjectivenon·fore·clo·sure, noun

Words nearby foreclosure

fore-check, forechoir, forecited, fore clipping, foreclose, foreclosure, foreconscious, forecourse, forecourt, foredate, foredeck

How to use foreclosure in a sentence

Suckered by the one-two punch of the Prosperity Gospel and greedy banks, Jamaica, Queens had the highest number of fraudulent home loans and foreclosures in the city, and one only development out of the 5,176 predicted during its rezoning.
How Does New York City Keep Reinventing Itself? (Bonus)|Kurt Andersen|March 21, 2021|Freakonomics
My American Rescue Plan will extend the moratorium on evictions and foreclosures and provide emergency relief to those who need it.
House to vote on removing GOP’s Marjorie Taylor Greene from her committees|Felicia Sonmez, John Wagner, Colby Itkowitz|February 4, 2021|Washington Post
It extends increased unemployment payments and a moratorium on evictions and foreclosures, through September.
The two ways a pandemic relief bill could pass, explained|Peter Stevenson|February 2, 2021|Washington Post
For homeowners, Congress also passed mortgage forbearance for up to a year, as well as a temporary freeze on foreclosures.
The Housing Market Is Booming, But Millions of Americans Face Eviction—and the Gap Is Getting Worse|Emily Barone|December 4, 2020|Time

In the piece, Pinto predicts that prices will remain elevated until a wave of foreclosures finally ends the party.
Want a second home during COVID? These Zillow vets have invented a radically less expensive way to buy one|Lee Clifford|October 4, 2020|Fortune
The foreclosure-drama is a fascinating study of greed and class warfare, boasting excellent turns by Garfield and Shannon.
Andrew Garfield on the Evils of Capitalism, the Hacking Scandal, and Criticism of ‘Spider-Man 2’|Marlow Stern|September 10, 2014|DAILY BEAST
On top of that, her home has entered foreclosure because Detroit water bills are rolled into property taxes.
Detroit Shuts Off Water to Residents but Not to Businesses Who Owe Millions|Mary M. Chapman|July 26, 2014|DAILY BEAST
The Silver State is still mired in the housing crisis, with the highest foreclosure rate in the nation.
South Dakota Is 2013 Top State for Business|CNBC|July 9, 2013|DAILY BEAST
The house fell into tax delinquency that same year and was flagged for foreclosure this May.
Cleveland Wants to Burn Down Ariel Castro’s House. Should It Be?|Christine Pelisek|May 13, 2013|DAILY BEAST
D.C. has effectively had a foreclosure moratorium since 2010, which has made inventory very tight.
What the Hell is Happening in D.C.?|Megan McArdle|December 21, 2012|DAILY BEAST
The discharge and foreclosure of mortgages on vessels are governed for the most part by the rules that apply to chattel mortgages.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles
Would they serve notice of foreclosure, not knowing whether or not we had the receipt in our possession?
The Knight Of Gwynne, Vol. I (of II)|Charles James Lever
Title had been gained under foreclosure to vast areas which had no value.
The Main Chance|Meredith Nicholson
Meanwhile their ranch here has been saved from loss by foreclosure.
The Pride of Palomar|Peter B. Kyne
You had to have that ranch, and since you couldn't buy it you decided to acquire it by foreclosure.
The Pride of Palomar|Peter B. Kyne

Cultural definitions for foreclosure

foreclosure

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