Part of speech: noun

The act of foreclosing.

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Usage examples "foreclosure":

  1. It was plain that both Louisa and Alec were expecting the foreclosure of the mortgage on the farm and anticipating the separation of the family. - "Rainbow Hill", Josephine Lawrence.
  2. The Indian private banker undoubtedly is honest in ordinary banking transactions and anxious to maintain his commercial credit, but he will often stoop to the most discreditable devices in the purchase of a coveted estate, the foreclosure of a mortgage, and the like. - "Rambles and Recollections of an Indian Official", William Sleeman.
  3. I hold the mortgage, and you need not fear another foreclosure. - "Lessons in Life, For All Who Will Read Them", T. S. Arthur.