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词汇 foreclosure
释义 foreclosure
noun[ C or U ]
 finance & economics, law specializeduk /fɔːˈkləʊ.ʒər/ us /fɔːrˈkloʊ.ʒɚ/
the action of taking back property that was bought with borrowed money because the money was not being paid back as formally agreed, or an example of this: 止赎; 取消抵押品赎回权
She is another homeowner facing foreclosure.她是另一位面临止赎的房主。
His firm handles about 3,000 mortgage foreclosures a year.他的公司每年处理大约 3,000 宗抵押止赎案。
See
foreclose
They are struggling to avoid foreclosure.
Home foreclosures also rose as homeowners were unable to pay their loans.
We're facing a foreclosure crisis that we haven't seen in a generation.
SMART Vocabulary: related words and phrases

Success & failure in business
administration
axe
bankrupt
bankruptcy
be running on fumesidiom
belly
charter
dying
fold
go darkidiom
go into administration
go to the wallidiom
growth hacker
growth hacking
receiver
shut up shopidiom
sinking shipidiom
soft launch
spin something off
start (something) up

You can also find related words, phrases, and synonyms in the topics:


Borrowing & lending

foreclosure | Business English


foreclosure
noun[ C or U ]
uk /fɔːˈkləʊʒər/ us /fɔːrˈkloʊʒɚ/
FINANCE, PROPERTY
the act of taking back property that was bought with borrowed money because the money was not being paid back as agreed:
There are concerns about the current housing market, where prices are falling and foreclosures are rising.
go into/enter/face foreclosureWhen a number of homes go into foreclosure, neighborhood home values take a heavy hit.
home/mortgage foreclosures
a foreclosure filing/notice/suit
a foreclosure auction/sale

Examples of foreclosure


foreclosure
It is the recognition of identity foreclosure that has allowed these women to construct a new identity brick by brick.
Need for sensitivity to premature foreclosure of search for the 'missing'.
Banks will shut off credit and send foreclosure notices to millions.
Although ' identity foreclosure ' may seem a strong term, it reflects the preponderance of comments in these books that the authors no longer knew who they were.
The most miserable tales have reached me of people falling behind and losing all their possessions as a result of foreclosure proceedings.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
In that instance, the absentee landlord deliberately failed to pay the mortgage, thus inciting the mortgage company to foreclosure and eviction.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
That is the value of the security: the right to foreclosure of a debenture is the security for the money advanced.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
If the mortgage lender obtains, having proved fraud in court, an order for possession or foreclosure, income support mortgage interest payments cease to be payable.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It is understood that the foreclosure order had been obtained by the mortgagee before the original hiring agreement was entered into.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
He is simply in the position of a mortgagee who has a right of entry for foreclosure in case of non-payment.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It would be bad at any time, but it is especially bad now, given the trend in mortgage arrears, foreclosures and repossessions.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
There is an intervening period, and then numerous problems arise, involving foreclosures on mortgages and so on.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Likewise, when one reads of one case of a man waiting for foreclosure of properties, which may or may not be right.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
My only criticism is that the provisions should be extended to foreclosure proceedings.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Again, what happens to the tenant when he is moved out, after foreclosure?
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
See all examples of foreclosure
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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