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
While achieving widespread success on YouTube, Paiz and McBroom also faced a series of legal, financial and personal controversies, including the foreclosure of their $10.1 million mansion in Los Angeles in October 2021, according to Business Insider.
—
Avalon Hester, People.com, 28 May 2025
Last fall, this and the 15 Central Park West penthouse were facing foreclosure over an overdue loan.
—Kim Velsey, Curbed, 27 May 2025
California had 15 new foreclosures per 1,000 consumers in the first quarter.
—Jonathan Lansner, Oc Register, 21 May 2025
First Street also expects extreme rainfall and riverine flooding to drive up foreclosures in inland states.
—Alain Sherter, CBS News, 19 May 2025
See All Example Sentences for foreclosure
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Avalon Hester, People.com, 28 May 2025
Last fall, this and the 15 Central Park West penthouse were facing foreclosure over an overdue loan.
—Kim Velsey, Curbed, 27 May 2025
California had 15 new foreclosures per 1,000 consumers in the first quarter.
—Jonathan Lansner, Oc Register, 21 May 2025
First Street also expects extreme rainfall and riverine flooding to drive up foreclosures in inland states.
—Alain Sherter, CBS News, 19 May 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 4 Jun. 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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