Preforeclosure

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    The stage at which preparations are made for foreclosure countable, uncountable

    "Typically, owners who have missed three mortgage payments or more and whose lenders have filed suit are considered to be in preforeclosure."

Example

More examples

"Typically, owners who have missed three mortgage payments or more and whose lenders have filed suit are considered to be in preforeclosure."

Etymology

From pre- + foreclosure.

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.