foreclosure
noun
fore·clo·sure
(ˌ)fȯr-ˈklō-zhər 
: an act or instance of foreclosing
specifically
: a legal proceeding that bars or extinguishes a mortgagor's right of redeeming a mortgaged estate
Examples of foreclosure in a Sentence
Recent Examples on the Web
The board is fighting to preserve its designation as a community action agency, navigating foreclosure and cooperating with the Department of Administration's forensic audit.
—
Gina Lee Castro, jsonline.com, 18 July 2025
Some in Congress have called on the VA to explicitly ask mortgage companies to pause foreclosures in the meantime.
—Quil Lawrence, NPR, 16 July 2025
Sometime in the ‘80s, the Potlatch plummeted into foreclosure and decades of ruin.
—Norma Meyer, Oc Register, 9 July 2025
Numerous other hotels in the Bay Area have encountered loan defaults, foreclosures, and a plunge in their value as the region’s lodging sector continues to struggle.
—George Avalos, Mercury News, 8 July 2025
See All Example Sentences for foreclosure
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Gina Lee Castro, jsonline.com, 18 July 2025
Some in Congress have called on the VA to explicitly ask mortgage companies to pause foreclosures in the meantime.
—Quil Lawrence, NPR, 16 July 2025
Sometime in the ‘80s, the Potlatch plummeted into foreclosure and decades of ruin.
—Norma Meyer, Oc Register, 9 July 2025
Numerous other hotels in the Bay Area have encountered loan defaults, foreclosures, and a plunge in their value as the region’s lodging sector continues to struggle.
—George Avalos, Mercury News, 8 July 2025
See All Example Sentences for foreclosure
Cite this Entry
“Foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclosure. Accessed 22 Jul. 2025.
Copy CitationLegal Definition
foreclosure
noun
fore·clos·ure
fōr-ˈklō-zhər
1
: a legal proceeding that bars or extinguishes a mortgagor's equity of redemption in mortgaged real property see also deficiency judgment at judgment, redeem, right of redemption, statutory foreclosure, strict foreclosure sense 1
2
: the extinguishment (as under the provisions of Article 9 of the Uniform Commercial Code) of the rights of a debtor in personal property subject to a security interest by judicial proceedings and especially by judicial sale see also strict foreclosure sense 2
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