C1 noun /fɔːrˈkloʊʒər/
foreclosure
изъятие имущества
Meaning
The legal process by which a lender takes control of a property from a borrower who has failed to make payments.
Example
The family lost their home due to foreclosure after missing several mortgage payments.
Семья потеряла свой дом из-за изъятия имущества после того, как не сделала несколько ипотечных платежей.