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English dictionary
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English
noun
:
foreclosure
1.
foreclosure
(act)
the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
Broader (hypernym)
legal proceeding
,
proceeding
,
proceedings
Based on WordNet 3.0 copyright © Princeton University.
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Orcapia v/Per Bang
. English edition:
Peter Jensen
.
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