Deed in Lieu of Foreclosure

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
DIL
Pronunciation
/did ɪn lu əv fɔrˈkloʊʒər/
Category
Business
Related Field
Mortgage

Examples in Context

  1. Using a " deed in lieu of foreclosure," the bank claims the title and possession of the property back in full satisfaction of a debt, usually on contract.

Other meanings of DIL