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.
The owner, Gary Melius, made the motion to avoid a foreclosure sale of the property at public auction. Colson Thayer, People.com, 8 Aug. 2025 Much of Constitution Plaza, now mired in foreclosure and receivership, has been mentioned as a prime candidate for further conversion from office to residential. Emily Adams, Hartford Courant, 4 Aug. 2025 Entire office buildings and even some apartment buildings in downtown St. Paul sit vacant, or have fallen into foreclosure, as major tenants such as Wold Architects and the TKDA engineering firm have fled westward to Minneapolis and Bloomington. Frederick Melo, Twin Cities, 25 July 2025 The city sold it after acquiring the building in 2018 through property tax foreclosure. Tom Daykin, jsonline.com, 14 July 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

Browse Nearby Words

Cite this Entry

“Foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclosure. Accessed 21 Aug. 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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