noun

foreclosure

foreclosure, repossession

The family is facing foreclosure.

The family is facing foreclosure.

The number of foreclosures has increased this year.

The number of foreclosures has increased this year.

((a/the foreclosure)) the action of taking possession of a mortgaged property The family is facing foreclosure.

Synonyms: repossession, seizure

The noun form of the verb 'foreclose'. The suffix '-ure' denotes an action or result.

This is the action or process of foreclosing. If a bank forecloses, the result is a foreclosure.

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