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foreclosure

Pronunciation: /fɔːɹˈkləʊʒ.əɹ/

The English word “foreclosure” has 2 meanings listed here.

noun

  1. The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments.
  2. The absence of a symbolic father for a fatherless child, as a cause for psychosis.

Etymology

From foreclose by analogy with closure, equivalent to fore- + closure.

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