foreclosure

[ fawr-kloh-zher, fohr- ]

nounLaw.
  1. the act of foreclosing a mortgage or pledge.

Origin of foreclosure

1
First recorded in 1720–30; foreclose + -ure

Other words from foreclosure

  • an·ti·fore·clo·sure, noun, adjective
  • non·fore·clo·sure, noun

Words Nearby foreclosure

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use foreclosure in a sentence

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.

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