FORECLOSURE - Định nghĩa trong Từ điển tiếng Anh
foreclosure (noun)
/fɔːrˈkləʊʒər/
Giải nghĩa:
The action of taking back property because the money owed for the property has not been paid.
Ví dụ:
The bank decided to proceed with the foreclosure since the homeowner did not pay the mortgage for several months.
foreclosure (noun)
/fɔːrˈkləʊʒər/
Giải nghĩa:
The act of ending an agreement prematurely due to non-compliance or a breach of its terms.
Ví dụ:
Due to constant disputes, John asked for a foreclosure of their business partnership.
Cách sử dụng
Foreclosure is a legal process where a lender takes ownership of a property from a borrower who can no longer make their mortgage payments. It usually happens when the borrower misses multiple payments and can't catch up. The lender will then sell the property to recover their money. Foreclosure is a serious situation and can have long-lasting consequences for the borrower's credit score and financial future.
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