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foreclosure

[fawr-kloh-zher, fohr-]

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noun Law.

the act of foreclosing a mortgage or pledge.

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Origin:
1720–30; foreclose + -ure

Related forms

an·ti·fore·clo·sure, noun, adjective

non·fore·clo·sure, noun

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Link To foreclosure

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Foreclosure is always a great word to know.

So is search warrant. Does it mean:

a court order authorizing the examination of a dwelling or other private premises by police officials, as for stolen goods

a person participating directly in or having a derivative interest in a legal transaction

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Example Sentences

The next stage of the national foreclosure crisis is how to deal with abandoned neighborhoods and trolling pillagers.

Millions of families facing bankruptcy or home foreclosure are important.

But it also depends on the speed and outcome of the foreclosure process and on the efficacy of official interventions.

EXPAND

The next stage of the national foreclosure crisis is how to deal with abandoned neighborhoods and trolling pillagers.

Millions of families facing bankruptcy or home foreclosure are important.

But it also depends on the speed and outcome of the foreclosure process and on the efficacy of official interventions.

In contrast, next door is what appears to be a dilapidated steel plant facing foreclosure.

Investors hoping to make millions buying the back-office operations of a foreclosure lawyer have come up short.

The future is now unfolding into foreclosure and bankruptcy.

But the city has been battered by foreclosure and may now be losing residents.

Bucks readers report the changes in their credit reports and scores in the wake of late bills, foreclosure or bankruptcy.

But that virtually no one was for a few years also is a reason why the foreclosure rate is currently so high.

The cost of foreclosure is not solely born by lenders and borrowers.

Lawler, a housing expert, answers a reader question about why the foreclosure process takes so long.

With house-prices falling nationally, foreclosure rates may rise far higher than they have in the past.

Now, however, the anti-foreclosure team itself is facing foreclosure.

America's overhang of housing inventory may get worse if concerns over lenders' foreclosure processes jam up sales.

The increasing use of private special process servers in foreclosure cases is the subject of a federal lawsuit filed last week.

It used local mortgage-default and foreclosure figures to estimate geographical immobility.

Foreclosure has allowed them to stabilize the family business.

Much of it will be dealt with through the slow and painful process of default and foreclosure.

The house went into foreclosure and is now owned by the bank.

The author was in the highest foreclosure zone in the country and didn't mention it.

Inventory levels remain high because of overbuilding and months' worth of record foreclosure levels.

When the foreclosure notice was issued, they then filed for bankruptcy in order to try to save the house.

Its unemployment rate and foreclosure rate are both well below the national average.

What is austerity to a man whose home has faced a foreclosure.

Vig, finds that loans that become seriously delinquent are more likely to lead to a foreclosure if they are securitized.

The rich are not suffering from foreclosure or lack of medical insurance or loss of jobs.

Millions of homes are still facing the real threat of foreclosure.

COLLAPSE

Collins

World English Dictionary

foreclose (fɔːˈkləʊz)

—vb
1.	law to deprive (a mortgagor, etc) of the right to redeem (a mortgage or pledge)
2.	(tr) to shut out; bar
3.	(tr) to prevent or hinder
4.	(tr) to answer or settle (an obligation, promise, etc) in advance
5.	(tr) to make an exclusive claim to

[C15: from Old French forclore, from for- out + clore to close, from Latin claudere]

fore'closable

—*adj*

foreclosure

—n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline

Word Origin & History

foreclosure

1728, from foreclose + -ure.

American Heritage

Cultural Dictionary

foreclosure definition

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

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redeem

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