Visual meaning of 'foreclosure'? - learn with images, example in daily life

Visual illustration of foreclosure: The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments - Image 1

foreclosure: The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments - Thumbnail 1

foreclosure: The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments - Thumbnail 2

noun

The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

"After missing several mortgage payments, the family faced foreclosure on their house. "

property finance law business economy

Visual illustration of foreclosure: The absence of a symbolic father for a fatherless child, as a cause for psychosis.

noun

The absence of a symbolic father for a fatherless child, as a cause for psychosis.

"Due to the complete absence of his father and any male role model, the psychiatrist suspected a foreclosure at the root of the young man's psychosis. "