Look up: foreclosure

1. foreclosure
   [n] - the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
   Found on http://www.webdictionary.co.uk/definitio
   
   
2. Foreclosure
   Where a mortgage lender (mortgagee) can apply to the High Court to force a borrower (mortgagor) to pay off their mortgage completely or have the lender seize and sell the property to in order to pay off the debt.
   Found on http://www.compactlaw.co.uk/legal_glossa
   
   
3. Foreclosure
   The procedure by which a homeowner forfeits his property to the lender (mortgagee) following... <a target=_blank href='http://www.finance-glossary.com/terms/foreclosure.htm?id=574&ginPtrCode=00000&PopupMode=false' title='Read full definition of foreclosure'>more</a>
   Found on http://www.finance-glossary.com/pages/ho
   
   
4. foreclosure
   In law, the transfer of title of a mortgaged property from the mortgagor (borrower, usually a home owner) to the mortgagee (loaner, for example a bank) if the mortgagor is in breach of the mortgage...
   Found on http://www.encyclo.co.uk/local/20688
   
   
5. foreclosure
   Strategic behaviour by a firm or group of firms to restrict market access possibilities of potential competitors either upstream or downstream. Foreclosure can take different forms, from absolute refusal to deal to more subtle forms of discrimination such as the degradation of the quality of access....
   Found on http://www.mijnwoordenboek.nl/definition
   
   
6. Foreclosure
   Is a legal process where the lender takes back a property upon the default of the loan by a borrower. The lender sells the property keeping the proceeds to pay for the mortgage and legal costs and returns the balance, if there is any, to the borrower.
   Found on http://www.encyclo.co.uk/local/20965
   
   
7. Foreclosure
   Fore·clo'sure noun The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.
   Found on http://www.encyclo.co.uk/webster/F/58
   
   
8. foreclosure
   noun the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
   Found on http://wordnetweb.princeton.edu/perl/web
   
   
9. Foreclosure
   Process by which the holder of a mortgage seizes the property of a homeowner who has not made interest and/or principal payments on time as stipulated in the mortgage contract.
   Found on http://www.duke.edu/~charvey/Classes/wpg
   
   
10. Foreclosure
    • (n.) The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager`s right of redeeming a mortgaged estate.
    Found on http://thinkexist.com/dictionary/meaning
    
    
11. foreclosure
    legal proceeding by which a mortgagor`s rights to a mortgaged property may be extinguished if the mortgagor (borrower) fails to live up to the ... [1 related articles]
    Found on http://www.britannica.com/eb/a-z/f/46
    
    
12. FORECLOSURE
    The legal process by which a lender acquires possession of the property securing a mortgage loan when the borrower defaults.
    Found on http://www.glossarycentral.com/mortgage/
    
    
13. Foreclosure
    Foreclosure is a specific legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender (mortgagee), or other lien holder, obta...
    Found on http://en.wikipedia.org/wiki/Foreclosure
    
    
14. Foreclosure
    a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower. Foreclosure laws are based on the statutes of each state.
    Found on http://portal.hud.gov/hudportal/HUD?src=
    
    
15. Foreclosure
    - Seizure of COLLATERAL by a CREDITOR when DEFAULT under a loan agreement occurs.
    Found on http://www.nysscpa.org/prof_library/guid
    
    
16. foreclosure
    Foreclosure is the equitable proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner`s failure to comply with an agreement between the lender and borrower called a `mortgage` or `deed of trust`. Commonly, the violation...
    Found on http://www.oenb.at/dictionary/termini.js
    
    
17. FORECLOSURE
    The act by the mortgagee or trustee upon default in the payment of interest or principal of a mortgage of enforcing payment of the debt by selling the underlying security.
    Found on http://www.sba.gov/about-offices-content
    
    
18. Foreclosure
    When a borrower cannot repay a loan and the lender seeks to sell the property. The legal process by which the mortgagor's equitable or statutory right to redeem mortgaged property is terminated. The actual procedures vary from state to state.
    Found on http://www.lectlaw.com/def/f051.htm
    
    
19. Foreclosure
    (n) Foreclosure is the closing of a liability, obligation, receivables etc by recovering the dues by other means like selling the lien , mortgages etc in his possession, before waiting the action or fulfillment from the debtor.
    Found on http://www.legal-explanations.com/defini
    
    
20. Foreclosure
    Foreclosure is the legal right of a lender of money if the borrower fails to repay the money or part of it on the due date. The lender must apply to a court to be permitted to sell the property that has been held as security for the debt. The court will order a new date for payment in an order calle...
    Found on http://www.probertencyclopaedia.com/brow
    
    
21. foreclosure
    In law, the transfer of title of a mortgaged property from the mortgagor (borrower, usually a home owner) to the mortgagee (loaner, for example a bank) if the mortgagor is in breach of the mortgage agreement, usually by failing to make a number of payments on the mortgage (loan). The mortgagor may k...
    Found on http://www.talktalk.co.uk/reference/ency
    
    
22. Foreclosure
    A legal procedure whereby the lender eventually obtains ownership of the property after the borrower has defaulted on payments.
    Found on http://www.tdcanadatrust.com/mortgages/g
    
    
23. Foreclosure
    the legal process by which a bank or lender sells a property after a borrower fails to meet the repayment terms of the loan.
    Found on http://www.thetruthaboutmortgage.com/mor
    
    
24. Foreclosure
    A proceeding in or out of court, to extinguish all rights, title, and interest, of the owner(s) of property in order to sell the property to satisfy a lien against it.
    Found on http://www.pmel.org/RealEstate-Mortgage-
    
    
25. Foreclosure
    A legal proceeding in which the default borrower is extinguished of all rights, title and interest on the underlying property.
    Found on http://www.ratezip.com/mortgage-glossary