Foreclosure
noun
The action of taking back property because the money owed for the property has not been paid.
The bank decided to proceed with the foreclosure since the homeowner did not pay the mortgage for several months.
Often appears as...
- notice of foreclosure
- avoid foreclosure
noun
The act of ending an agreement prematurely due to non-compliance or a breach of its terms.
Due to constant disputes, John asked for a foreclosure of their business partnership.
Often appears as...
- foreclosure of agreement
- foreclosure of contract
noun
The action of taking back property because the money owed for the property has not been paid.
The bank decided to proceed with the foreclosure since the homeowner did not pay the mortgage for several months.
Often appears as...
- notice of foreclosure
- avoid foreclosure
noun
The act of ending an agreement prematurely due to non-compliance or a breach of its terms.
Due to constant disputes, John asked for a foreclosure of their business partnership.
Often appears as...
- foreclosure of agreement
- foreclosure of contract
Definition 1 of 2
Pro Tip 1/3Financial Distress
Refers to a serious financial problem where property is taken due to unpaid debt.
The family faced foreclosure after losing their jobs.
Pro Tip 2/3Legal Process
Involves legal steps that lenders use to take back a property, often involving court.
They received a court notice about the foreclosure of their farm.
Pro Tip 3/3Negative Connotation
Foreclosure often suggests financial failure or hardship.
The term foreclosure scared the tenants, hinting at possible eviction.
Pro Tip 1/3Financial Distress
Refers to a serious financial problem where property is taken due to unpaid debt.
The family faced foreclosure after losing their jobs.
Pro Tip 2/3Legal Process
Involves legal steps that lenders use to take back a property, often involving court.
They received a court notice about the foreclosure of their farm.
Pro Tip 3/3Negative Connotation
Foreclosure often suggests financial failure or hardship.
The term foreclosure scared the tenants, hinting at possible eviction.
Pro Tip 1/3Financial Distress
Refers to a serious financial problem where property is taken due to unpaid debt.
The family faced foreclosure after losing their jobs.
Pro Tip 2/3Legal Process
Involves legal steps that lenders use to take back a property, often involving court.
They received a court notice about the foreclosure of their farm.
Pro Tip 3/3Negative Connotation
Foreclosure often suggests financial failure or hardship.
The term foreclosure scared the tenants, hinting at possible eviction.
Compare with
appropriatorattachmentconfiscateexpropriateliquidaterepossessionresumptionseizure
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Video examples
Laurie Santos: How...
First problem is just, well, where should we start? Because, you know, it's great for us, but bad for humans. We make a lot of mistakes in a lot of different contexts. You know, where are we actually going to start with this? And because we started this work around the time of the financial collapse, around the time when foreclosures were hitting the news, we said, hhmm, maybe we should actually start in the financial domain.
Video examples
How urban agriculture is...
This tight-knit community also came together recently, and they purchased an abandoned building, an abandoned building that was in disrepair and in foreclosure. And with the help of friends and families and volunteers, they were able to take down the bulletproof glass,
Video examples
What is economic value,...
some pretty problematic financial products mainly but not only related to mortgages, which saw many thousands of people actually lose their homes. In 2010, in just one month, September, 120,000 people lost their homes through the foreclosures of that crisis.
Video examples
Time Debt PIPE Linda...
left me for another woman but I was keeping it together I mean my house had slipped into foreclosure and I couldn't bribe our grieving teenager out of his bathrobe for a million bucks but I knew I'd be ok if I could just power through
Video examples
Adam Grant: What frogs...
and close your mind to alternative selves. You've probably experienced identity foreclosure. Maybe you were too attached to an early idea of what school you'd go to, what kind of person you'd marry, or what career you'd choose.
Video examples
Let's get honest about...
Days later, at his home, I went looking for answers, in his "office" -- the garage. There, I found a stack of overdue credit card bills and a foreclosure notice served to him on the day that he died.
Video examples
Why we ignore obvious...
As you know, in 2008 it all came tumbling down. Banks collapsed, global stock markets lost nearly half their value, millions and millions of people lost their homes to foreclosure. And at the bottom,
Video examples
Detroit’s Urban...
during the crisis and during the foreclosure and a bankruptcy of Detroit a lot of people lost their homes and moved out unfortunately within the area the city is not building any new homes
Video examples
Racism has a cost for...
for over a decade. But when I met him, he was near foreclosure. Like nearly all of his neighbors, he'd received a knock on the door from a broker promising to refinance his mortgage.
Video examples
Amanda Williams: Why I...
Red was the new black, and black neighborhoods were colored. The problem persists today, and we've seen it most recently in the foreclosure crisis.
Video examples
Laurie Santos: How...
First problem is just, well, where should we start? Because, you know, it's great for us, but bad for humans. We make a lot of mistakes in a lot of different contexts. You know, where are we actually going to start with this? And because we started this work around the time of the financial collapse, around the time when foreclosures were hitting the news, we said, hhmm, maybe we should actually start in the financial domain.
Video examples
How urban agriculture is...
This tight-knit community also came together recently, and they purchased an abandoned building, an abandoned building that was in disrepair and in foreclosure. And with the help of friends and families and volunteers, they were able to take down the bulletproof glass,
Video examples
What is economic value,...
some pretty problematic financial products mainly but not only related to mortgages, which saw many thousands of people actually lose their homes. In 2010, in just one month, September, 120,000 people lost their homes through the foreclosures of that crisis.
Video examples
Time Debt PIPE Linda...
left me for another woman but I was keeping it together I mean my house had slipped into foreclosure and I couldn't bribe our grieving teenager out of his bathrobe for a million bucks but I knew I'd be ok if I could just power through
Video examples
Adam Grant: What frogs...
and close your mind to alternative selves. You've probably experienced identity foreclosure. Maybe you were too attached to an early idea of what school you'd go to, what kind of person you'd marry, or what career you'd choose.
Video examples
Let's get honest about...
Days later, at his home, I went looking for answers, in his "office" -- the garage. There, I found a stack of overdue credit card bills and a foreclosure notice served to him on the day that he died.
Video examples
Why we ignore obvious...
As you know, in 2008 it all came tumbling down. Banks collapsed, global stock markets lost nearly half their value, millions and millions of people lost their homes to foreclosure. And at the bottom,
Video examples
Detroit’s Urban...
during the crisis and during the foreclosure and a bankruptcy of Detroit a lot of people lost their homes and moved out unfortunately within the area the city is not building any new homes
Video examples
Racism has a cost for...
for over a decade. But when I met him, he was near foreclosure. Like nearly all of his neighbors, he'd received a knock on the door from a broker promising to refinance his mortgage.
Video examples
Amanda Williams: Why I...
Red was the new black, and black neighborhoods were colored. The problem persists today, and we've seen it most recently in the foreclosure crisis.
Example 1 of 10
Quote examples
Adam Cohen
American Journalist
To a generation beaten down by skyrocketing unemployment, plunging retirement savings, and mounting home foreclosures, 'Mad Men' offers the schadenfreude-filled message that their predecessors were equally unhappy - and that the bleakness meter in American life has always been set on high.
Quote examples
Sheldon Whitehouse
American Politician
Trapped in the bureaucracy nightmare, real families suffer when the big banks and their servicers force foreclosures. The emotional toll on children packing up their rooms and on parents struggling to find a temporary roof is a deep one.
Quote examples
Eric Schneiderman
American Politician
I'm very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.
Quote examples
Kamala Harris
American Vice President
We don't have to guess what Mitt Romney would have done if he were president. Because he told us. He said we should let foreclosures - and I quote - 'hit the bottom' so the market could - I quote - 'run its course.
Quote examples
Alexandria Ocasio-Cortez
American Politician
My mother cleaned homes and drove school buses, and when my family was on the brink of foreclosure... I started bartending and waitressing.
Quote examples
Brian Sandoval
American Politician
Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs.
Quote examples
Lisa Madigan
American Public Servant
Foreclosure is nothing new. And it certainly will always be a fact of life for some.
Quote examples
Henry Paulson
American Public Servant
Foreclosures are a significant problem; they're an economic problem.
Quote examples
Steve Mnuchin
American Public Servant
In the press, it has been said that I ran a foreclosure machine.
Quote examples
Marcia Fudge
American Politician
Remnants of the foreclosure crisis linger everywhere.
Quote examples
Adam Cohen
American Journalist
To a generation beaten down by skyrocketing unemployment, plunging retirement savings, and mounting home foreclosures, 'Mad Men' offers the schadenfreude-filled message that their predecessors were equally unhappy - and that the bleakness meter in American life has always been set on high.
Quote examples
Sheldon Whitehouse
American Politician
Trapped in the bureaucracy nightmare, real families suffer when the big banks and their servicers force foreclosures. The emotional toll on children packing up their rooms and on parents struggling to find a temporary roof is a deep one.
Quote examples
Eric Schneiderman
American Politician
I'm very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.
Quote examples
Kamala Harris
American Vice President
We don't have to guess what Mitt Romney would have done if he were president. Because he told us. He said we should let foreclosures - and I quote - 'hit the bottom' so the market could - I quote - 'run its course.
Quote examples
Alexandria Ocasio-Cortez
American Politician
My mother cleaned homes and drove school buses, and when my family was on the brink of foreclosure... I started bartending and waitressing.
Quote examples
Brian Sandoval
American Politician
Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs.
Quote examples
Lisa Madigan
American Public Servant
Foreclosure is nothing new. And it certainly will always be a fact of life for some.
Quote examples
Henry Paulson
American Public Servant
Foreclosures are a significant problem; they're an economic problem.
Quote examples
Steve Mnuchin
American Public Servant
In the press, it has been said that I ran a foreclosure machine.
Quote examples
Marcia Fudge
American Politician
Remnants of the foreclosure crisis linger everywhere.
Example 1 of 10
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