noun

foreclosure

foreclosure, repossession

They are facing foreclosure on their home.

They are facing foreclosure on their home.

The number of foreclosures has increased.

The number of foreclosures has increased.

((on sth.)) the action of taking possession of a mortgaged property They are facing foreclosure on their home.

Synonyms: repossession, seizure

From the verb 'foreclose' plus the noun-forming suffix '-ure'.

This is the noun form, referring to the act or process of foreclosing.

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