Definition of "foreclosure" []

• The act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "The average loan in foreclosure is 484 days delinquent, according to LPS Applied Analytics."
• "So while the short answer of whether you can vote if you're in foreclosure is yes, each state sets its own rules on when and whether you need to re-register your address."
• "The term foreclosure vulture clearly has negative connotations and generates a sense of foreboding, but not all who buy foreclosed properties have nefarious intent."