noun🔗ShareThe proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments"During the recession, many families lost their homes to foreclosures because they couldn't afford their mortgage payments. "propertyfinancebusinesseconomylawChat with AIVocabulary GamePractice Reading
noun🔗ShareThe absence of a symbolic father for a fatherless child, as a cause for psychosis."The psychiatrist believed the young man's detachment and hallucinations stemmed from foreclosures, specifically the lack of a stable, symbolic father figure in his life after his father's abandonment. "mindfamilyChat with AIVocabulary GamePractice Reading