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foreclosure

Bedeutung 1

Legal process of taking ownership of property for unpaid debt.

“The bank announced the foreclosure of the abandoned house on Maple Street.”
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Illustration von foreclosure: Legal process of taking ownership of property for unpaid debt.

Bedeutung 2

termination of a mortgage agreement

“The bank announced the foreclosure of the house.”
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Illustration von foreclosure: termination of a mortgage agreement

Bedeutung 3

termination of a mortgage

“The bank announced the foreclosure of the house.”
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Illustration von foreclosure: termination of a mortgage