foreclosure

noun

fore·​clo·​sure (ˌ)fȯr-ˈklō-zhər How to pronounce foreclosure (audio)
: 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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Homeowners are also promised protection from new foreclosures and evictions for at least 60 days. Dalia Faheid, CNN, 18 Jan. 2025 Bracken had been convicted of making a series of threats between March 20 and April 2, 2024, over the foreclosure of his home. Sara Schilling, Sacramento Bee, 16 Jan. 2025 Happy starts competing in golf tournaments to gather enough money to stop the foreclosure of his grandmother’s house. Armando Tinoco, Deadline, 13 Jan. 2025 Besides being unfair, Baldwin said the HOA went about the foreclosure process in the wrong way. Nora O’Neill, Charlotte Observer, 13 Jan. 2025 See all Example Sentences for foreclosure 

Word History

First Known Use

1713, in the meaning defined above

Time Traveler
The first known use of foreclosure was in 1713

Dictionary Entries Near foreclosure

Cite this Entry

“Foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclosure. Accessed 24 Jan. 2025.

Legal Definition

foreclosure

noun
fore·​clos·​ure fōr-ˈklō-zhər How to pronounce foreclosure (audio)
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

More from Merriam-Webster on foreclosure

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