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Foreclose - What does it mean?

foreclose | |

foreclose

English

(Foreclosure)

Verb

(en-verb)
  • To repossess a mortgaged property whose owner has failed to make the necessary payments.
  • They have to move out of their house because the bank foreclosed on their mortgage.
  • To cut off (a mortgager) by a judgment of court from the power of redeeming the mortgaged premises.
  • To prevent from doing something.
  • To shut up or out; to preclude; to stop; to prevent; to bar; to exclude.
  • * Carew
  • The embargo with Spain foreclosed this trade.

    Derived terms

    * foreclosee * forecloser * foreclosure * foreclosable

    Not English

    has no English definition. It may be misspelled.