foreclosure

fore·clo·sure

 (fôr-klō′zhər)

n.

1. The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed.

2. A property that has undergone foreclosure: decided to purchase a foreclosure.

fore•clo•sure

(fɔrˈkloʊ ʒər, foʊr-)

n.

the act of foreclosing a mortgage or sometimes a pledge.

[1720–30]

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

Thesaurus

Noun

1.

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

κατάσχεση

foreclosure

[fɔːˈkləʊʒəʳ] N → apertura f de un juicio hipotecario

foreclosure

[fɔː^rˈkləʊʒə^r] n → saisie f

foreclosure

n → Zwangsvollstreckung f → (on bei)

foreclosure

[fɔːˈkləʊʒəʳ] n → pignoramento