11:57 Apr 18, 2005 |
Indonesian to English translations [PRO] Bus/Financial - Finance (general) / Stock Exchange | ||||
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| Selected response from: Hikmat Gumilar Indonesia Local time: 00:17 | |||
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Summary of answers provided | ||||
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3 | foreclosure |
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foreclosure Explanation: The legal process by which an owner's right to a property is terminated, usually due to default. Typically involves a forced sale of the property at public auction, with the proceeds being applied to the mortgage debt. Reference: http://www.investorwords.com/2039/foreclosure.html |
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