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foreclosure

[fawr-kloh-zher, fohr-] /fɔrˈkloʊ ʒər, foʊr-/
noun, Law.
1.
the act of foreclosing a mortgage or pledge.
Origin
1720-1730
1720-30; foreclose + -ure
Related forms
antiforeclosure, noun, adjective
nonforeclosure, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Word Origin and History for fore closure

foreclosure

n.

1728, from foreclose + -ure.

Online Etymology Dictionary, © 2010 Douglas Harper
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fore closure in Culture

foreclosure definition


A proceeding in which the financer of a mortgage seeks to regain property because the borrower has defaulted on payments.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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