foreclosure vs legal proceeding

foreclosure and legal proceeding both are nouns.

Word	Noun	Adjective	Verb	Adverb
foreclosure	Yes	No	No	No
legal proceeding	Yes	No	No	No

As nouns, legal proceeding is a hypernym of foreclosure; that is, legal proceeding is a word with a broader meaning than foreclosure:

foreclosure: the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
legal proceeding: (law) the institution of a sequence of steps by which legal judgments are invoked

Other hypernyms of foreclosure include proceeding, proceedings.

foreclosure (noun)	legal proceeding (noun)
the legal proceedings initiated by a creditor to repossess the collateral for loan that is in default	(law) the institution of a sequence of steps by which legal judgments are invoked