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Foreclosure   Listen
noun
Foreclosure  n.  The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.






Collaborative International Dictionary of English 0.48








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"Foreclosure" Quotes from Famous Books



... ownership passes on into the hands of his heir or assignees, who may foreclose at once, on entering into their heritage, or may again let things accumulate for their heirs. Anyhow, sooner or later the foreclosure comes and then there is trouble. X., Y., Z., etc., free men, have married some of the original A.'s slave woman's descendants. They have either bought them right out, or kept on conscientiously redeeming children of theirs ...
— Travels in West Africa • Mary H. Kingsley

... the criticism of independent shareholders—whatever that might be worth. It meant that with all the cash capital taking the form of bonds, any failure to make ends meet, any lengthened depression, would bring risk of the mortgage-holders' foreclosure and receivership—not merely the shareholders' waiting for a turn of the tide—except in so far as the burden could be shifted to the governments that had ...
— The Railway Builders - A Chronicle of Overland Highways • Oscar D. Skelton

... he, jarring the paper weight on the table when he brings down his fist, "if times gets any harder, as like enough they will, Dave Wisner's got to let that property go on the market for what it'll bring inside his one year of grace after foreclosure. I know what that means; it'll mean I got a few thousand acres of land more to distribute among my heirs and assigns, my executors, friends, faithful servitors, villagers and others—however you got that figured ...
— The Man Next Door • Emerson Hough

... as camptender and herder when necessary, continued to live in a sheep wagon, and they presumed that she was still deeply in debt to the mysterious person or persons from whom she had obtained money at the time the bank threatened foreclosure. ...
— The Fighting Shepherdess • Caroline Lockhart

... retain all his live-stock, wagons, and household goods, instead of merely the fixed number of cattle, horses, and wagons, and those specified household articles, exempt from seizure under the law, Dale voluntarily released to the mortgagers, without the formality of foreclosure proceedings, the mortgaged property comprising six hundred and forty acres as ...
— The Heart of the Range • William Patterson White

... considerable sum on his coming of age, but he spent it freely, and when it was exhausted, continued to live on at the same rate as before, till at last, as creditors grew pressing, and mortgages threatened foreclosure, he saw himself reduced to something less than one-fifth of his former outlay; and though he seemed to address himself to the task with a bold spirit and a resolute mind, the old habits were too deeply rooted to be eradicated, and the pleasant companionship of ...
— Lord Kilgobbin • Charles Lever

... Now, gentlemen, listen!" turning the leaves. "Here is a man who has the impertinence to say that our industries are paralyzed. It is not our industries; it is our people. Robbed of their patrimony, their fields laid waste, their estates confiscated by a system of foreclosure lackin' every vestige of decency and co'tesy,—Shylocks wantin' their pound of flesh on the very hour and day,—why shouldn't they be paralyzed?" He laughed heartily. "Jack, you know Colonel Dorsey Kent, ...
— A Gentleman Vagabond and Some Others • F. Hopkinson Smith

... him from utter ruin. It had lately been proved that the Rovero family, instead of being rich, were extremely poor, their plantation having long been under a mortgage, the holder of which was threatening foreclosure. ...
— Our World, or, The Slaveholders Daughter • F. Colburn Adams

... discharged my duty: may my humble attempts to arouse you to a sense of the danger of standing on the brink of the pit of perdition be blessed! Pay the principal and interest over to La Touche. Mr. Selby Sly hinted that a foreclosure of the mortgage might expedite matters; and, by saving a term or two in getting in the money, two or three hundred New Zealanders would—and oh, James! how gratifying would be the reflection!—be saved from the wrath ...
— International Weekly Miscellany, Vol. 1, No. 5, July 29, 1850 • Various

... creditors became clamorous. Bond, and mortgage holders threatened foreclosure, and the financial affairs of the "mad duke," outwardly and apparently so prosperous, were really very desperate. The family were seriously in ...
— The Lost Lady of Lone • E.D.E.N. Southworth

... by one the cowboys had given testimony of the fraction of the herd intrusted to their care. At first resignedly complaisant, as the hours drifted by Craig had grown cumulatively impatient at the inevitably dragging inventory. Nothing but necessity absolute in the shape of an imminent foreclosure had brought him back to this land at all. Delay had followed delay until at last immediate action was imperative. Then, having agreed to come personally, he was in a fever of haste to have the deal complete and to be away. Since they had left ...
— Where the Trail Divides • Will Lillibridge

... had ben to be put up wa'n't enough to pay fer the papers. You see, the' ain't never ben no real cash value in farm prop'ty in these parts. The' ain't ben hardly a dozen changes in farm titles, 'cept by inher'tance or foreclosure, in thirty years. So Billy P. didn't make no effort. Int'rist's one o' them things that keeps right on nights an' Sundays. He jest had the deeds made out and handed 'em over when the time came to settle. The' was some village lots though that was clear, that fetched him in some money from time ...
— David Harum - A Story of American Life • Edward Noyes Westcott

... Jefferson, Writings, X., 257; Benton, View, I., 5; Niles' Register, XVI., 114; Hodgson, Travels, II., 128; Sumner, Hist, of Banking, I., chaps, vii., viii.] The conditions are illustrated in the case of Cincinnati. By the foreclosure of mortgages, the national bank came to own a large part of the city-hotels, coffee- houses, warehouses, stables, iron foundries, residences, and vacant lots. "All the flourishing cities of the West," cried Benton, "are mortgaged to this money power. ...
— Rise of the New West, 1819-1829 - Volume 14 in the series American Nation: A History • Frederick Jackson Turner

... have felt it was right to do—to do what was so horrible to me? I will—I will make up to you and them for keeping me from—it. What do you suppose Mr. Newsome will do when he finds out that you have moved and are ready to turn the place over to him, even without any foreclosure?" ...
— Rose of Old Harpeth • Maria Thompson Daviess

... Georgia, and had thus formed the first continuous route from Richmond to that city. Because of the extreme disorder and depression in the South during the years after the Civil War the line did not prosper and was sold under foreclosure about 1875. But the company was reorganized in 1878 and acquired the Charlotte, Columbia and Augusta, thus extending its lines into the heart of South Carolina and tapping a rich territory. During these early years the Pennsylvania Railroad interests, which ...
— The Railroad Builders - A Chronicle of the Welding of the States, Volume 38 in The - Chronicles of America Series • John Moody



Words linked to "Foreclosure" :   proceeding, foreclose, legal proceeding



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