Foreclosure
volume
British pronunciation/fɔːklˈə‍ʊʒɐ/
American pronunciation/fɔɹˈkɫoʊʒɝ/

"foreclosure" کی تعریف اور معنی

Foreclosure
01

the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default

example
مثال
examples
Rising interest rates were the final nail in the coffin for many overextended homeowners, pushing them into default and foreclosure.
The lender agreed to write off the mortgage debt for the family facing foreclosure.
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