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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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

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.
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