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Foreclosure

The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

📖 Definitions of "Foreclosure"

noun
  1. 1

    The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

  2. 2

    The absence of a symbolic father for a fatherless child, as a cause for psychosis.

💡 Words with a Similar Meaning to "Foreclosure"

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WordDefinition
estoppelnoun(common law) A legal principle in the law of equity that prevents a party from asserting otherwise valid legal rights against another party because of conduct by the first party, or circumstances to which the first party has knowingly contributed, making it unjust for those rights to be asserted.
opt-outnounThe act of opting out of something.
lockoutnoun(labour) The opposite of a strike; a labor disruption where management refuses to allow workers into a plant to work even if they are willing.
forfeiturenoun(law) The loss of forfeit property.
entrynounAn item in a list, such as an article in a dictionary or encyclopedia.
inputnounData fed into a process with the intention of it shaping or affecting the output of that process.
graduationnounThe action or process of graduating and receiving a diploma for completing a course of study (such as from an educational institution).
embargonounA ban on trade with another country.
seizurenoun(medicine, pathology) A sudden attack or convulsion, (e.g. an epileptic seizure).
compartmentalizationnounDivision into compartments or parts.
compartmentalisationnoun(British spelling) Alternative form of compartmentalization. [Division into compartments or parts.]
segregationnoun(politics) The separation of people based upon race, sex, religion, or other identity in institutions.
partitioningnounThe act or result of dividing into partitions; an arrangement of partitions.
capturenounAn act of capturing; a seizing by force or stratagem.
lockdownnounThe confinement of people in their own rooms (e.g., in a school) or cells (in a prison), or to their own homes or areas (e.g., in the case of a city- or nation-wide issue) as a security measure after or amid a disturbance or as a non-pharmaceutical intervention in a pandemic.
closurenounAn event or occurrence that signifies an ending.
exclusivenessnounThe state of being exclusive; exclusivity.
evictionnounThe act of evicting.
limitationnounThe act of limiting or the state of being limited.
closingnounThe act by which something is closed.

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