Foreclosure
/fɔːrˈkloʊʒər/
Synonyms
- eviction
- repossession
- seizure
- expropriation
- takeover
Slang Meanings
The bank taking your house.
After three missed payments, I got the dreaded news that the bank was taking my house.
House auction.
They're having a foreclosure auction next week—great deals to be had!