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What is another word for forecloses?

Pronunciation: [fɔːklˈə͡ʊzɪz] (IPA)

Forecloses is a commonly used term in the financial and real estate sectors, which refers to the legal process of repossessing and selling a property when a borrower fails to pay their mortgage or loan. However, there are other similar terms that can be used instead of forecloses, such as repossess, seize, take possession of, confiscate, or terminate. Each of these synonyms implies that an individual or lender is taking back ownership or control of a property because of a failure to meet the financial obligations or conditions of a loan or mortgage agreement. It is important to understand the distinct connotations and legal implications of each term before using them interchangeably in conversation or writing.
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What are the hypernyms for Forecloses?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Usage examples for Forecloses

It is of the greatest importance to keep this distinction in mind, for an imposed or artificial conscience almost certainly forecloses the natural or inspired conscience,-a truth largely illustrated by the history both of families and of nations, from which we learn that periods of corruption and wild license invariably follow periods of extreme restraint and asceticism.
"Education in The Home, The Kindergarten, and The Primary School"
Elizabeth P. Peabody
For to them, no other motive remains, nor indeed to any one else, save that of the universal good, which does not permit the building up of supposed self-good, and therefore forecloses all possibility of an individual family.
"History of American Socialisms"
John Humphrey Noyes
He fails to pay the money borrowed, and B forecloses his mortgage, and sells the farm.
"Monopolies and the People"
D. C. Cloud

Famous quotes with Forecloses

  • Man proposes, woman forecloses.
    Minna Antrim
  • Man proposes, woman forecloses.
    Minna Antrim

Related words: foreclosed properties, foreclosed homes, foreclosure companies, foreclosure houses, mortgage foreclosure, foreclosure property, home foreclosure, foreclosed homes for sale

Related questions:

  • What is a mortgage foreclosure?
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  • When the foreclosure suit filed?
  • When does the bank foreclose on a house?

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