foreclosure
noun
fore·clo·sure
(ˌ)fȯr-ˈklō-zhər 
: 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
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By the time the property went into foreclosure in 2013, its physical decline mirrored its troubled history.
—
Amber Corrine, VIBE.com, 14 Oct. 2025
At the same time, residents have endured a tax foreclosure crisis and, decades before that, the city of Detroit was redlined, a practice by government appraisers that led to neighborhood segregation, disinvestment and stripped Black people of home ownership opportunities.
—Nushrat Rahman, Freep.com, 14 Oct. 2025
The building opened in 1927 and then the Great Depression hit, membership declined, and the club went into foreclosure.
—Adriane Quinlan, Curbed, 14 Oct. 2025
The Hogsett administration is planning to give the development group an $18 million bridge loan to help the firm avoid foreclosure and finish the Gold Building project.
—IndyStar, 13 Oct. 2025
See All Example Sentences for foreclosure
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Amber Corrine, VIBE.com, 14 Oct. 2025
At the same time, residents have endured a tax foreclosure crisis and, decades before that, the city of Detroit was redlined, a practice by government appraisers that led to neighborhood segregation, disinvestment and stripped Black people of home ownership opportunities.
—Nushrat Rahman, Freep.com, 14 Oct. 2025
The building opened in 1927 and then the Great Depression hit, membership declined, and the club went into foreclosure.
—Adriane Quinlan, Curbed, 14 Oct. 2025
The Hogsett administration is planning to give the development group an $18 million bridge loan to help the firm avoid foreclosure and finish the Gold Building project.
—IndyStar, 13 Oct. 2025
See All Example Sentences for foreclosure
Cite this Entry
“Foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclosure. Accessed 22 Oct. 2025.
Copy CitationLegal Definition
foreclosure
noun
fore·clos·ure
fōr-ˈklō-zhər
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
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