fore·clo·sure /-ˈkloʒɚ/
喪失抵押品贖回權
Fore·clo·sure n. The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.
◄ ►
foreclosure
n : the legal proceedings initiated by a creditor to repossess
the collateral for loan that is in default