NOUN | act | foreclosure | the legal proceedings initiated by a creditor to repossess / repossess the collateral for loan that is in default |
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Sounds | faorklow'zher | |
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Rhymes | arbitrager ... treasure: 21 rhymes with zher... |
Meaning | The legal proceedings initiated by a creditor to repossess / repossess the collateral for loan that is in default. | |
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Broader | proceeding, legal proceeding, proceedings | (law) the institution of a sequence of steps by which legal judgments are invoked |
Spanish | ejecución de hipoteca, embargo | |
Catalan | execució d'hipoteca | |
Verbs | foreclose | subject to foreclosing procedures |
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