foreclosure Synonyms

No Synonyms and anytonyms found

foreclosure Meaning

Wordnet

foreclosure (n)

the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default

Webster

foreclosure (n.)

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

foreclosure Sentence Examples

  1. The impending foreclosure threatened to cost the homeowner their dream home.
  2. The bank had begun the foreclosure process due to non-payment of the mortgage.
  3. The family was devastated when they received the notice of foreclosure.
  4. The foreclosure proceedings were halted temporarily after the homeowners filed for bankruptcy.
  5. The government implemented programs to help prevent foreclosures during the financial crisis.
  6. Many homeowners facing foreclosure turned to non-profit organizations for assistance.
  7. The foreclosure process can be lengthy and emotionally taxing.
  8. The homeowner's equity in their property was wiped out by the foreclosure.
  9. The foreclosure rate spiked significantly during the housing market downturn.
  10. The foreclosure crisis had a ripple effect on the economy, impacting businesses and neighborhoods.

FAQs About the word foreclosure

the legal proceedings initiated by a creditor to repossess the collateral for loan that is in defaultThe act or process of foreclosing; a proceeding which bars

No synonyms found.

No antonyms found.

The impending foreclosure threatened to cost the homeowner their dream home.

The bank had begun the foreclosure process due to non-payment of the mortgage.

The family was devastated when they received the notice of foreclosure.

The foreclosure proceedings were halted temporarily after the homeowners filed for bankruptcy.