Definition: A friendly foreclosure (non-judicial process) in which the mortgagor gives title to the mortgagee.
Pronunciation: \ˈdēd\ \ˈlü\ \ˈfȯr -ˈklō-zhər\
Used in a Sentence: When the property was in trouble the owner gave a deed of foreclosure to the lender.
 
               
              
 
              
 
              
 
              
 
           
           
           
           
              
             
              
            