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foreclosure

noun

/fɔːrˈkloʊʒər/

Meaning

The legal process by which a lender takes control of a property from a borrower who has failed to make payments.

The family lost their home due to foreclosure after missing several mortgage payments.

repossession, seizure, forfeiture, confiscation

purchase, redemption

foreclosure process, home foreclosure, foreclosure notice, avoid foreclosure

the conditions that affect a situation, action, or event; facts or conditions connected with or rele...

The study of ecological processes applied to agricultural production systems.

a young female horse

a framework or structure for holding or storing things

An act of giving up something valued for the sake of something else.

a sudden upsetting or surprising event or experience