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Thesaurus: foreclosure

The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.

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Definitions

  1. n. The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.
  2. n. the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
  3. The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.
  4. The act or process of foreclosing; a proceeding which bars orextinguishes a mortgager's right of redeeming a mortgaged estate.
  5. n:100 n. the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default