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Foreclosure

A New Law Dictionary and Glossary · Alexander M. Burrill · 1850

A New Law Dictionary and Glossary

In equity practice

The process of barring the equity of redemption of a mortgagor, by filing a bill for that purpose, called a bill of foreclosure.

2 Barbour's Chanc. Fr. 171, 186. 2 Crabb's Beal Frop. 918. 4 Kent's Com. 180.