foreclosure
noun
- legal process in which a lender attempts to recover the balance of a loan from a borrower
Wiktionary
noun
Etymology: From foreclose by analogy with closure, equivalent to fore- + closure.
- The proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments.
- The absence of a symbolic father for a fatherless child, as a cause for psychosis.