foreclosure

[ fawr-kloh-zher, fohr- ]

/ fɔrˈkloʊ ʒər, foʊr- /

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noun Law.

the act of foreclosing a mortgage or pledge.

QUIZ

CAN YOU ANSWER THESE COMMON GRAMMAR DEBATES?

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Question 1 of 7

Which sentence is correct?

His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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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

I grew up here and experienced housing insecurity myself—my childhood family home was lost to foreclosure—so I’ve made housing a central focus.
I'm a Councilman in the Least Affordable Region in the U.S. Here's How We Can Fix the Housing Market|Sergio Lopez|August 24, 2021|Time
Another 6 million could risk losing housing in the next two months due to foreclosure.
Latinx renters face the highest risk of eviction in the US|Annalisa Merelli|August 4, 2021|Quartz
Under Obama, when you think about the housing and the mortgage foreclosures, really we have to make this a very targeted intervention.
She’s From the Government, and She’s Here to Help (Ep. 466)|Stephen J. Dubner|June 17, 2021|Freakonomics
Now, with the house heading toward foreclosure on June 30, Myers, who lives in Arizona and is in remission from cancer, said she’s praying for a miracle.
Spray paint, soiled carpets, dead cats: Evicted tenant allegedly turned home into ‘slice of hell’|Timothy Bella|June 16, 2021|Washington Post

“Those communities are much more at risk of losing their homes and not being able to get back on track when the foreclosure moratorium and mortgage forbearance ends,” Thompson said.
Covid forced more borrowers to be late on their mortgages than at any time since the Great Recession, CFPB reports|Michelle Singletary|May 7, 2021|Washington Post
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.