Foreclosure Nisi

Business, Legal & Accounting Glossary

Definition: Foreclosure Nisi




Full Definition of Foreclosure Nisi


An order of the court granted in favour of a Mortgagee in Foreclosure proceedings. It gives the Mortgagor a fixed time to settle the loan and, if not complied with, allows the mortgagor to obtain an order of Foreclosure absolute and obtain ownership of the mortgaged property.


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https://payrollheaven.com/define/foreclosure-nisi/
Modern Language Association (MLA):
Foreclosure Nisi. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 27, 2021 https://payrollheaven.com/define/foreclosure-nisi/.
Chicago Manual of Style (CMS):
Foreclosure Nisi. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/foreclosure-nisi/ (accessed: September 27, 2021).
American Psychological Association (APA):
Foreclosure Nisi. PayrollHeaven.com. Retrieved September 27, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/foreclosure-nisi/

Definition Sources


Definitions for Foreclosure Nisi are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th April, 2020 | 4 Views.