Last Updated
:2025/11/20
foreclosure
Noun
countable
uncountable
Japanese Meaning
債権者が住宅ローン等の滞納により、担保物件を取り戻すために行う法的手続き
( plural )
Quizzes for review
(law) the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments
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foreclosure
After missing several mortgage payments, the family faced foreclosure when the bank initiated proceedings to repossess their home.
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After missing several mortgage payments, the family faced foreclosure when the bank initiated proceedings to repossess their home.
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