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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:

County behind Casa Encantada, a storied Bel-Air estate that sold to former PayPal chief executive Peter Thiel for $130 million at a foreclosure auction in September.

From Los Angeles Times ● Oct. 27, 2026

On a $450,000 home, 20% is $90,000, and even 5% is more than $20,000 plus closing costs, which is hard to save after a job loss or foreclosure.

From MarketWatch ● Oct. 14, 2026

It was, sad to say, not an uncommon story during the last recession, when the unemployment rate rose to 10% and the number of foreclosure filings hit 2.8 million in 2009.

From MarketWatch ● Oct. 14, 2026

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

From Los Angeles Times ● Aug. 5, 2026

The neighbors to the south of us moved out and their place is in foreclosure.

From "Counting by 7s" by Holly Goldberg Sloan

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

In the most extreme cases, they are pursuing foreclosures on these properties.

From The Wall Street Journal ● Aug. 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 various bonds you make from those loans will go bad not as the loans go bad but months later, after a lot of tedious foreclosures and bankruptcies and forced sales.

From "The Big Short" by Michael Lewis

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