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
What To Know Newsom announced on Wednesday a new proposal that will create a $125 million mortgage relief program to assist homeowners at risk of foreclosure or whose homes were destroyed or severely damaged by recent natural disasters dating back to 2023.
—
Dan Perry, Newsweek, 20 Feb. 2025
The agency has helped homeowners facing foreclosure stay in their homes, stopping banks from charging junk fees, and returning more than $20 billion to the pockets of consumers nationwide, according to the AGs.
—Rick Sobey, Boston Herald, 20 Feb. 2025
Under the plan, which must be approved by a state board, more than $100 million would be available in direct relief for people at risk of foreclosure.
—Andrew Khouri, Los Angeles Times, 19 Feb. 2025
The Goonies followed a group of Oregonian kids who raced against the menacing Fratelli family to find pirate treasure and save their houses from foreclosure.
—Wesley Stenzel, EW.com, 14 Feb. 2025
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Dan Perry, Newsweek, 20 Feb. 2025
The agency has helped homeowners facing foreclosure stay in their homes, stopping banks from charging junk fees, and returning more than $20 billion to the pockets of consumers nationwide, according to the AGs.
—Rick Sobey, Boston Herald, 20 Feb. 2025
Under the plan, which must be approved by a state board, more than $100 million would be available in direct relief for people at risk of foreclosure.
—Andrew Khouri, Los Angeles Times, 19 Feb. 2025
The Goonies followed a group of Oregonian kids who raced against the menacing Fratelli family to find pirate treasure and save their houses from foreclosure.
—Wesley Stenzel, EW.com, 14 Feb. 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 Mar. 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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