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Foreclosure

usgb/fɔːrˈkləʊʒər/Volume
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Financial Distress

Refers to a serious financial problem where property is taken due to unpaid debt.

Illustration for Financial Distress
The family faced foreclosure after losing their jobs.
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Legal Process

Involves legal steps that lenders use to take back a property, often involving court.

Illustration for Legal Process
They received a court notice about the foreclosure of their farm.
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Negative Connotation

Foreclosure often suggests financial failure or hardship.

Illustration for Negative Connotation
The term foreclosure scared the tenants, hinting at possible eviction.
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Compare with

AppropriationAttachmentConfiscateExpropriateLiquidateRepossessionResumptionSeizure
Visual representation of the word "Foreclosure"

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