Meaning FORECLOSURE: Process by which the holder of a mortgage seizes the property of a homeowner who has not made interest and/or principal payments on time as stipulated in the mortgage contract
More terms such as Foreclosure in Dictionary F.
- Definition Finance Company:
- Examples A company whose business and primary function is to make loans to individuals, while not receiving deposits like a bank foreclosure definition.
- Definition Fully Valued:
- Examples of general equities. Said of a stock that has reached a price at which analysts think the underlying company's fundamental earnings power has been fully recognized by the market foreclosure explain.
- Definition Financial Press:
- Examples Media devoted to reporting financial news foreclosure what is.
- Definition Full Price:
- Examples Also called dirty price; the price of a bond including accrued interest. Related: Flat price foreclosure meaning.
- Definition Financial Distress:
- Examples Events preceding and including bankruptcy, such as violation of loan contracts foreclosure abbreviation.
