What is another word for foreclosure?

Pronunciation: [fɔːklˈə͡ʊʒə] (IPA)

Foreclosure is a term commonly used to refer to the legal process by which a mortgage lender assumes possession of a property when the owner defaults on their loan payments. However, there are several synonyms for the term "foreclosure" which are equally applicable in the context of property and mortgage. Some of the most common synonyms for "foreclosure" include "repossession", "bankruptcy", "liquidation", "default", and "confiscation". Each of these terms implies the same meaning as foreclosure and can be used interchangeably in most cases. Other related terms include "eviction", "foreclosed property", and "foreclosure auction", which are all associated with the process of foreclosure.

What are the paraphrases for Foreclosure?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Foreclosure?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Foreclosure?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Usage examples for Foreclosure

The squire hoped to obtain it by foreclosure at less than five thousand.
"Andy Grant's Pluck"
Horatio Alger
I don't know exactly how the law is in this State, but I presume that, so far from the squire being authorized to take immediate possession of your place, he would be obliged to give legal notice of sale, on foreclosure of mortgage, by advertisement in some weekly paper.
"Herbert Carter's Legacy"
Horatio Alger
This gentleman wrote to the firm and begged them to postpone their foreclosure, and mercifully give the poor family a little more time.
"White Slaves"
Louis A Banks

Famous quotes with Foreclosure

  • This is going to be a new territory, a new set of fascinating questions, and it will not be an easy thing for the Obama administration to give bankruptcy judges the power." Kendall Coffey on new foreclosure proposals.
    Kendall Coffey

Related words: foreclosed homes, foreclosed properties, foreclosed houses, foreclosure process, foreclosure rates, foreclosure signs, how to avoid foreclosure, how to prevent foreclosure, how to stop foreclosure

Related questions:

  • What is a foreclosure?
  • What are the signs of a potential foreclosure?
  • How do foreclosures work?
  • Do foreclosures happen in the uk?
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