foreclosure Quick reference
A Dictionary of Critical Theory (2 ed.)
... ( Verwerfung / forclusion ) The psychoanalytic term for the repudiation of a specific desire . It differs from repression in that the incompatible desire is not merely prevented from entering the consciousness, all trace of its existence is denied, as if the thought had never arisen. In his reading of Freud , Jacques Lacan treats foreclosure as the specific mechanism of psychosis (in contrast to neurosis ); he argues that the psychotic subject forecloses on the Name-of-the-Father (that which organizes the subject’s symbolic field and...
foreclosure Quick reference
A Dictionary of Law (10 ed.)
... n. A remedy available to a mortgagee when the mortgagor has failed to pay off a mortgage by the contractual date for redemption. The mortgagee is entitled to bring an action in the High Court, seeking an order fixing a date to pay off the debt; if the mortgagor does not pay by that date he will be foreclosed, i.e. he will lose the mortgaged property. If, after this order (a foreclosure order nisi) is made, the mortgagor does not pay on the date and at the place (usually a room in the Royal Courts of Justice) named, the foreclosure is made absolute...
foreclosure Quick reference
A Dictionary of Economics (5 ed.)
...foreclosure Taking over by a lender of a mortgaged property, because of failure by the borrower to comply with the conditions of the mortgage . This failure usually consists of failure to make interest and amortization payments by the due dates. Foreclosure is usually only resorted to by lenders when considerable arrears have arisen, and normally requires authorization by a court. In the UK the term is...
foreclosure Quick reference
A Dictionary of Accounting (5 ed.)
... The legal right of a lender of money if the borrower fails to repay the money or part of it on the due date. The lender must apply to a court to be permitted to sell the property that has been held as security for the debt. The court will order a new date for payment in an order called a foreclosure nisi . If the borrower again fails to pay, the lender may sell the property. This procedure can occur when the security is the house in which the mortgagor lives and the mortgagor fails to pay the mortgagee (bank, building society, etc.) the mortgage...
foreclosure Quick reference
A Dictionary of Finance and Banking (6 ed.)
... The legal right of a lender of money if the borrower fails to repay the money or part of it on the due date. The lender must apply to a court to be permitted to sell the property that has been held as security for the debt. The court will order a new date for payment in an order called a foreclosure nisi . If the borrower again fails to pay, the lender may sell the property. This procedure can occur when the security is the house in which the mortgagor lives and the mortgagor fails to pay the mortgagee (bank, building society, etc.) the mortgage...
foreclosure Quick reference
A Dictionary of Business and Management (6 ed.)
... The legal right of a lender of money if the borrower fails to repay the money or part of it on the due date. The lender must apply to a court to be permitted to sell the property that has been held as security for the debt. The court will order a new date for payment in an order called a foreclosure nisi. If the borrower again fails to pay, the lender may sell the property. This procedure can occur when a mortgagor fails to pay the mortgagee (bank, building society, etc.) the mortgage instalments, in which the security is the house in which the...
foreclosure n. Quick reference
A Dictionary of Psychology (4 ed.)
... n. In psychoanalysis , a defence mechanism , first identified in 1956 by the French psychoanalyst Jacques Lacan ( 1901–81 ), involving the expulsion of a fundamental signifier, such as the phallus as a fundamental signifier of the castration complex , from a person's symbolic universe. It may be a defence mechanism specific to psychosis ( 1 ) , and it differs from repression inasmuch as the foreclosed signifier is not integrated into the person's unconscious and does not re-emerge from within as a neurotic ( 1 ) symptom but may...
Foreclosure Reference library
A Dictionary of Oil & Gas Industry Terms (2 ed.)
... Foreclosure Strategic behaviour by a person or group of persons which has the objective or the effect of restricting or eliminating competition in a market. ...
foreclosure Quick reference
New Oxford Rhyming Dictionary (2 ed.)
... • azure • leisure , made-to-measure, measure, pleasure, treasure • countermeasure • Australasia , embrasure • seizure • closure , composure, enclosure, exposure, foreclosure • ...