foreclosure

[US]/fɔ:ˈkləuʒə/
[UK]/fɔr'kloʒɚ/
Frequency: Very High

Translation

n. loss of the right to redeem a mortgage, exclusion.

Example Sentences

the costs properly incident to a suit for foreclosure or redemption.

The classic case is someone on the brink of foreclosure . some investors check court records of divorces arrearages ,upcoming bankruptcy proceedings to find such people .

The bank initiated foreclosure proceedings on the property.

Many families faced foreclosure during the economic crisis.

The foreclosure sale attracted many potential buyers.

She lost her home due to foreclosure.

Foreclosure can have a significant impact on one's credit score.

The foreclosure process can be complex and lengthy.

He was unable to prevent the foreclosure of his property.

Foreclosure auctions are common in the real estate market.

The foreclosure rate in the city has been increasing steadily.

She struggled to avoid foreclosure by seeking financial assistance.

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