WordUpWordup

Foreclose

usgb/fɔːrˈkləʊz/Volume
Left Definition 1 of 2Right
LampPro Tip 1/3
Legal ProcessPlay
Foreclosing is not instant; it involves lengthy legal proceedings to reclaim a property. SlideThe foreclosure on the farm will take several months of legal procedures.
LampPro Tip 2/3
Financial TroublePlay
Using 'foreclose' suggests that someone failed to meet financial obligations, like a loan. SlideIf we don't pay the mortgage, the bank could foreclose our house.
LampPro Tip 3/3
Negative OutcomePlay
'Foreclose' typically implies a distressing or undesirable situation for the property owner. SlideThe small business owner faced foreclosure after the economic downturn.