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

The family faced foreclosure after losing their jobs.
Legal 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.
Negative Connotation
Foreclosure often suggests financial failure or hardship.

The term foreclosure scared the tenants, hinting at possible eviction.
Compare with
AppropriationAttachmentConfiscateExpropriateLiquidateRepossessionResumptionSeizure
WordUp Chrome Extension
As you browse the web instantly look up words you don’t know.
Get Chrome Extension