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foreclosure
(redirected from Forclosure)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
fore·clo·sure  (fôr-klzhr, fr-)
n.
The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed.

foreclosure
the process by which mortgaged property enters into the possession of the mortgagee without right of redemption by the mortgagor, usually for reason of delinquency in mortgage payments.
See also: Property and Ownership
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.foreclosure - the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
legal proceeding, proceeding, proceedings - (law) the institution of a sequence of steps by which legal judgments are invoked
Translations
foreclosure [fɔːˈkləʊʒəʳ] Napertura f de un juicio hipotecario
foreclosure [fɔːrˈkləʊʒər] nsaisie f
foreclosure
nZwangsvollstreckung f(on bei)
foreclosure [fɔːˈkləʊʒəʳ] npignoramento


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The Canadian market rebounded within a few months with the main losers being property investors and estate agents; but the Americans have seen the decline hit home owners with a lot of short sales and forclosures.
Florida lawyers are now available to assist homeowners facing forclosure.
If you have access to forclosure listings in your area, you can take advantage of a really great way to pick up some inexpensive real estate.
 
 
 
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