Business Loans Glossary: Foreclosure

Business Loans Glossary: Foreclosure

A legal proceeding in court to seize property given as security for a debt that is in default.



Other terms explained in the Business Loans Glossary
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Main Page Article Id: 76 - Version: 3 - Created: 25-02-2008 - Last Updated: 26-03-2008 - Hits: 292   
Categories: Glossary

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