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Từ vựng:

foreclosure sale

Giải nghĩa:

/fɔrˈkloʊʒər seɪl/ – Phrase


Definition: bán bất động sản đã cầm cố.

A more thorough explanation: A foreclosure sale is a public auction of property that is being sold by a lender or government entity to recover the amount owed on a mortgage loan or tax lien. The sale is typically conducted as a result of the property owner’s failure to make mortgage payments or pay property taxes, leading to the property being foreclosed upon and sold to the highest bidder at the auction.

Example: The foreclosure sale of the property was scheduled for next month.

 

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