LAW|civil law · FINANCE|financial institutions and credit
- foriamh morgáiste Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- foreclosure | mortgage foreclosure | mortgage foreclosure RF:Mortgage Foreclosure Overview, Lawyers.com, http://bankruptcy.lawyers.com/foreclosures/Mortgage-Foreclosure.html [16.11.2012]
- en
- Definition process by which a property that is mortgaged as security for a loan may be sold and the proceeds of the sale applied to the mortgage debt Reference "COM-EN, based on: Federal Reserve Bank of Boston, Glossary of Financial Crisis Terms, Foreclosure. http://www.bostonfed.org/education/pubs/glossary-financial-crisis-terms.pdf [1.10.2014]"
- Comment A foreclosure can occur when the borrower fails to comply with the terms of the loan; typically, the borrower fails to make timely loan payments.