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Foreclosure decree

Defined in 1 dictionary — Black's (1910)

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

Properly speaking, a decree ordering the strict foreclosure (see infra) of a mortgage; but the term is also loosely and conventionally applied to a decree ordering the sale of the mortgaged premises and the satisfaction of the mortgage out of the proceeds. Hanover F. Ins. Co., v. Brown. 77 Md. 64, 25 Atl. 989, 39 Am. St. Ren. 386,

Defined under Foreclosure in Black's Law Dictionary.