foreclosure

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fore|clo|sure /fɔːrkl'oʊʒər/ (foreclosures)
[N-VAR]
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. (BUSINESS)
If homeowners can't keep up the payments, they face foreclosure...
If interest rates go up, won't foreclosures rise?

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