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Noun Act Foreclosure Fore·Clo·Sure  An Instance Foreclosing;  Specifically

Title foreclosure
Text
Merriam-Webster's Collegiate Dictionary
fore·clo·sure

 \\-ˈklō-zhər\\ noun
 DATE  1713
: an act or instance of foreclosing; specifically : a legal proceeding that bars or extinguishes a mortgagor's right of redeeming a mortgaged estate
Oxford Advanced Learner's Dictionary-牛津双解-OALD7
foreclosure
fore·clos·ure fC:5klEuVE(r)NAmE fC:r5klou- / noun[U, C]
   (finance 财) the act of 
foreclosing
 on money that has been borrowed; an example of this
   抵押品赎回权的取消
Webster's Third New International Dictionary, Unabridged
fore·clo·sure
\-lōzhə(r)\ noun
: an act or instance of foreclosing; specifically : a legal proceeding that bars or extinguishes a mortgagor's right of redeeming a mortgaged estate

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