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sodna razglasitev zapadlosti hipoteke — foreclosure (English)
To shut out, to bar, to destroy an equity of redemption. A termination of all rights of the mortgagor or his grantee in the property covered by the mortgage. The process by which a mortgagor of real or personal property, or other owner of property subject to a lien, is deprived of his interest therein. Procedure by which mortgaged property is sold on default of mortgagor in satisfaction of mortgage debt. In common usage, refers to enforcement of lien, trust deed, or mortgage in any method provided by law. (Source: WESTS)

The original Slovenian definition:

sodna razglasitev zapadlosti hipoteke (Slovenian)
Izključiti, zadržati, izničiti pravico do poplačila dolga. Ukinitev vseh pravic hipotečnega dolžnika ali uživalca lastnine, ki je pod hipoteko. To je postopek, pri katerem se odvzame nepremično ali osebno lastnino osebe, ki je najela hipoteko in jo je bila obvezana odplačati po obrokih, pa tega ni storila. Postopek, pri katerem se hipotečna lastnina proda, ter tako odplača dolg. V vsakdanji rabi se nanaša na izvršbo pravice do zaplembe premoženja, ustanovne listine ali hipoteke na načine, ki so zakonsko določeni. (Vir: WESTS)

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