: an act or instance of foreclosing
specifically : a legal proceeding that bars or extinguishes a mortgagor's right of redeeming a mortgaged estate

Examples of foreclosure in a Sentence

Recent Examples on the Web
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Missing a payment doesn’t immediately trigger foreclosure (when a lender takes back the property and sells it to recover what’s owed). Sharon Wu, USA Today, 7 Aug. 2026 Missing these can come with major risks such as eviction and foreclosure. Mallika Mitra, Sacbee.com, 6 Aug. 2026 Pacific Life took control of The Shops at North Bridge in 2024 through a deed-in-lieu of foreclosure. Brian J. Rogal, Chicago Tribune, 6 Aug. 2026 Neumann fears a victory for Welcome to Realty would harm others whose homes fall under Denver’s inclusionary housing ordinance and are subject to foreclosures by metro districts and HOAs. Noelle Phillips, Denver Post, 5 Aug. 2026 See All Example Sentences for foreclosure

Word History

First Known Use

1713, in the meaning defined above

Time Traveler
The first known use of foreclosure was in 1713

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Cite this Entry

“Foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclosure. Accessed 11 Aug. 2026.

Legal Definition

foreclosure

noun
1
: a legal proceeding that bars or extinguishes a mortgagor's equity of redemption in mortgaged real property see also deficiency judgment at judgment, redeem, right of redemption, statutory foreclosure, strict foreclosure sense 1
2
: the extinguishment (as under the provisions of Article 9 of the Uniform Commercial Code) of the rights of a debtor in personal property subject to a security interest by judicial proceedings and especially by judicial sale see also strict foreclosure sense 2

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