foreclosure

English - Turkish

Definition of foreclosure in English Turkish dictionary

haciz

{i} ipotekli malın haczi

(Ticaret) davanın düşmesi

(Kanun) hak düşürücü süre

(Ticaret) hakkın kaybolması

(Pisikoloji, Ruhbilim) peşin tercih

(Ticaret) hakkın sukutu

hakkın düşmesi

(Kanun) sükut

(Politika, Siyaset) ipoteğin paraya çevrilmesi

{i} cebri icra

{i} rehine el koyulması

ipotekli malı sahibinin kaybetmesi

Related Terms

foreclosure of action

(Kanun) davanın sükutu

foreclosure suit

(Kanun) icra davası

English - English

Definition of foreclosure in English English dictionary

the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

{n} a prevention, a stop

The legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mrotgage debt

The legal process where the borrower is in default of the mortgage payment This usually involves the mortgage company taking over the property The mortgage company will try to sell the house or put it up for auction to have profit applied to the Mortgage debt

The legal process by which a borrower in default under mortgage is deprived of his or her interest in the mortgaged property This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt

the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default

A legal procedure in which real estate is sold by the lender to pay a defaulting borrower's debt

When the lender gets a judgment ordering a public sale of the property to pay off the loan because the borrower has defaulted on the mortgage payments

A legal procedure in which property mortgaged as security for a loan is sold to pay the defaulting borrower's debt

The legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property, usually through a forced sale of the property at public auction The money from the property's sale is applied to the mortgage debt

The legal process by which a lender acquires possession of the property securing a mortgage loan when the borrower defaults

The legal process by which a borrower in default under a mortgage or deed of trust, loses his/her interest in the mortgaged property; this process usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt

Legal process by which the lender forces the sale of a property when the borrower has not met the mortgage terms

(return to top) The legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt

The act by the mortgagee or trustee upon default, in the payment of interest or principal of a mortgage of enforcing payment of the debt by selling the underlying security

The process by which a mortgaged property may be sold when a mortgage is in default

The legal process by which a mortgaged property may be sold when a mortgage is in default

A legal procedure whereby the lender obtains ownership of the property following default by the borrower by terminating all of the borrower's rights in the property covered by the mortgage

{i} taking away of the right to redeem his property; hindering; shutting out; closing or settling beforehand

A legal process by which the lender forces a sale of a property because the borrower has not met the terms of the mortgage

Process of selling mortgaged property to satisfy the debt owed by the defaulting mortgagor

Foreclosure is when someone who has lent money to a person or organization so that they can buy property takes possession of the property because the money has not been repaid. If homeowners can't keep up the payments, they face foreclosure If interest rates go up, won't foreclosures rise?. Legal proceeding by which a borrower's rights to a mortgaged property may be extinguished if the borrower fails to live up to the obligations agreed to in the loan contract. The lender may then declare the entire debt due and owing and may seek to satisfy it by foreclosing. Foreclosure is commonly by a court-decreed sale of the property to the highest bidder, who is often the lender. See also mortgage

a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower

An enforcement process in which the lender under a defaulted mortgage takes title to the property for the purposes of selling it to recoup moneys owed under the mortgage

An authorized procedure taken by a mortgagee or lender under the terms of a mortgage or deed of trust for the purpose of having the property applied to the payment of a defaulted debt

The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate

A legal process by which the lender takes possession and ownership of a property when the borrower defaults on the mortgage obligations

Legal process by which a mortgaged property may be sold to pay off a mortgage loan that is in default

Related Terms

foreclosure decree

court order to deprive of the right to mortgage or redeem one's property (usually because of failure to make payments)

foreclosure sale

sale of confiscated properties, sale of assets that were repossessed

market foreclosure

(Can we clean up() this sense?) The use or result of commercial practices by one market participant or a group of market participants (possibly with governmental assistance) that limit the access of buyers and sellers to each other

Hyphenation

fore·clo·sure

Turkish pronunciation

fôrklōjır

Pronunciation

/fôrˈklōᴢʜər/ /fɔːrˈkloʊʒɜr/