English version

foreclosure

From Longman Business Dictionaryforeclosurefore‧clo‧sure /fɔːˈkləʊʒəfɔːrˈkloʊʒər/ noun [countable, uncountable]BANKINGFINANCEPROPERTY the act of foreclosing on a loan, or the right to do thisAs an alternative to foreclosure, the court may order a sale of the property.the growing number of redundancies and mortgage foreclosures
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