pignoramento

foreclosure

noun pee-nyoh-rah-MEN-toh Rare

Origin: From pignorare (to seize as pledge), from Latin pignus (pledge, pawn).

Also means

seizure of assets

Usage Note

Pignoramento is a legal term for the judicial seizure of a debtor's property or assets to satisfy a debt — roughly equivalent to 'attachment' or 'foreclosure' in Anglo-American law. It is used in contexts such as pignoramento del conto corrente (garnishment of a bank account). The plural is pignoramenti.

Examples

"La banca ha avviato il pignoramento della casa."

Natural Translation

The bank initiated the foreclosure on the house.

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