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as in:  foreclose on the loan

The lender is threatening to foreclose.
  take a property from a borrower who did not pay a loan that was secured by the property
 Mark word for later review on this computer
foreclosed foreclosing foreclose forecloses
Foreclosure references the legal procedure of foreclosing on a loan.
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  • The lender is threatening to foreclose.
  • The next thing you know that mortgage will be foreclosed on Mis’ Randall, and she and the children won’t have a roof over their heads.
    Kate Douglas Wiggin  --  Rebecca Of Sunnybrook Farm
  • A mortgage was foreclosed on it, and we had to give up possession.
    Jack London  --  The Iron Heel
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Associated words [difficulty]:   foreclose [8]
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Most commonly used in these subjects:   Personal Finance, Logic & Reasoning, Law
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