English-Nepali Dictionary
Foreclosure
लिलामी प्रक्रिया / धितो जफत (Dhito-jafat)
Definition (Noun)
The action of taking possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments.
"The bank started the foreclosure process on the house."
"बैंकले घरको धितो जफत (लिलामी) प्रक्रिया सुरु गर्यो।"
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Frequently Asked Questions
The meaning of Foreclosure in Nepali is लिलामी प्रक्रिया / धितो जफत. In Romanized Nepali, it is written as Dhito-jafat.
As a Noun, the word "Foreclosure" is defined as: The action of taking possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments..
"लिलामी प्रक्रिया / धितो जफत" is known as "Foreclosure" in English.
An example of "Foreclosure" in a sentence is: "The bank started the foreclosure process on the house."