Foreclosures Meaning in English
word · lemma: foreclosure
Definition
Foreclosures are legal processes where a bank or lender takes back a property when the owner cannot pay the mortgage. This usually leads to the property being sold to recover the debt.
Usage & Nuances
Mainly used in legal, financial, and real estate contexts in the US. Usually appears as plural—'foreclosures.' Often discussed in news about economic downturns. Related phrases: 'foreclosure crisis', 'foreclosure auction.' Not interchangeable with 'eviction' (which means forcing someone out of a property without loss of ownership).
Example Sentences
There were many foreclosures during the recession.
basic
Many families lost their homes to foreclosures.
basic
Real estate agents are seeing more foreclosures than usual this year.
natural
After losing his job, he struggled to avoid foreclosure on his house.
natural
Buying foreclosed homes can be risky for investors.
natural
The bank posted a list of new foreclosures online.
basic