Definition of foreclosure in English:
foreclosure
noun fɔːˈkləʊʒəˌfɔrˈkloʊʒər
mass nounThe action of taking possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments.
assistance for mortgage borrowers facing foreclosure
count noun major increases in home foreclosures
Example sentencesExamples
- Single family activity remains soft, with numerous foreclosures, particularly in the Dallas-Fort Worth area.
- For the nation overall, 14.78 percent of conventional subprime mortgages were past due, with 8.58 percent in foreclosure.
- A relative's legal troubles pushed her into foreclosure twice within the last two years.
- Perhaps the biggest fear any homeowner can have is foreclosure.
- With interest rates now rising, there will be many foreclosures.
- Remember that once you begin discussing foreclosure, everything is a negotiation.
- She contacted her lender, which helped her avert foreclosure.
- Unfortunately, lenders aren't always interested in the life circumstances that lead to foreclosure.
- The narrator's professional involvement in foreclosures, which I call the outer story, suggests a reason for his refusal to work.
- Loss of income is one of the main causes of foreclosure.
Rhymes
closure, composure, enclosure, exposure
Definition of foreclosure in US English:
foreclosure
nounˌfôrˈklōZHərˌfɔrˈkloʊʒər
The action of taking possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments.
assistance for mortgage borrowers facing foreclosure
major increases in home foreclosures
Example sentencesExamples
- Loss of income is one of the main causes of foreclosure.
- Perhaps the biggest fear any homeowner can have is foreclosure.
- Remember that once you begin discussing foreclosure, everything is a negotiation.
- The narrator's professional involvement in foreclosures, which I call the outer story, suggests a reason for his refusal to work.
- With interest rates now rising, there will be many foreclosures.
- A relative's legal troubles pushed her into foreclosure twice within the last two years.
- Unfortunately, lenders aren't always interested in the life circumstances that lead to foreclosure.
- For the nation overall, 14.78 percent of conventional subprime mortgages were past due, with 8.58 percent in foreclosure.
- She contacted her lender, which helped her avert foreclosure.
- Single family activity remains soft, with numerous foreclosures, particularly in the Dallas-Fort Worth area.