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foreclosure

/fɔrˈkloʊʒər/ /fɔːˈkləʊʒə/
noun
GeneralFinanceLaw
  1. 1 ipoteğin paraya çevrilmesi, icra satışı countable or uncountable

Definition (English)

The legal process by which a lender takes a property because the borrower has not made the loan payments.

Example Sentences

  1. The house went into foreclosure after he lost his job.
    İşini kaybettikten sonra ev icraya düştü.
  2. Foreclosure can damage your credit score.
    İcra satışı kredi notunuza zarar verebilir.

Synonyms

Collocations

foreclosure processforeclosure saleavoid foreclosureforeclosure noticeforeclosure auction