Foreclosure Meaning in English
word
परिभाषा
Foreclosure is a legal process in which a lender takes back a property when the owner cannot pay their mortgage.
उपयोग और बारीकियां
Primarily used in banking, real estate, and legal contexts. Common collocations: 'face foreclosure', 'go into foreclosure', 'avoid foreclosure'. Refers almost always to property loss due to unpaid mortgage, and is rarely used outside of real estate.
उदाहरण वाक्य
The family lost their house to foreclosure.
basic
He is trying to stop the foreclosure on his home.
basic
Many people suffered from foreclosure during the recession.
basic
After months of missed payments, the bank started foreclosure proceedings.
natural
They managed to avoid foreclosure by refinancing their mortgage just in time.
natural
The neighborhood has several homes up for foreclosure auctions next month.
natural