Associations to the word «Foreclosure»

Wiktionary

FORECLOSURE, noun. (legal) the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

Dictionary definition

FORECLOSURE, noun. The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default.

Wise words

Abuse of words has been the great instrument of sophistry and chicanery, of party, faction, and division of society.
John Adams