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Definition of Foreclosure
1. Noun. The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default.
Definition of Foreclosure
1. n. The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.
Definition of Foreclosure
1. Noun. (legal) the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments ¹
¹ Source: wiktionary.com
Definition of Foreclosure
1. [n -S]
Lexicographical Neighbors of Foreclosure
Literary usage of Foreclosure
Below you will find example usage of this term as found in modern and/or classical literature:
1. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1888)
"None of the provisions of that chapter, however, give the •right of redemption
after a sale under a decree of foreclosure. But it Is provided that " The ..."
2. A Treatise on the American Law of Real Property by Emory Washburn, Joseph Willard, Simon Greenleaf Croswell (1887)
"When and how foreclosure may be opened. 5 a. Rights of junior mortgagees as to
foreclosure. 56. Effect of foreclosure ..."
3. A Treatise on the American Law of Real Property by Emory Washburn (1876)
"SECTION X. OF foreclosure. 1,2. When and how applied. 8-5. When and how foreclosure
may be opened. 6 a. Rights of junior mortgagees as to foreclosure 6 6. ..."
4. A Treatise on the Law of Mortgages of Real Property by Leonard Augustus Jones (1904)
"If, however, as is common where this form of foreclosure is used only in special
cases ... When a purchaser at a foreclosure sale brings a bill for a strict ..."
5. Handbook of the Law of Insurance by William Reynolds Vance (1904)
"The condition avoiding; the policy upon foreclosure proceedings if reasonable
... If with the knowledge of the insured, foreclosure proceedings be commenced ..."
6. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1922)
"Proceedings on a claim of JC Bule to property levied on by the Bertha Mineral
Company upon foreclosure of a mortgage. Judgment for the claimant, ..."
Other Resources:
