foreclose


fore·close

verb \(ˌ)fr-ˈklōz\

: to take back property because the money owed for the property has not been paid

Full Definition of FORECLOSE

transitive verb
1
:  to shut out :  preclude
2
:  to hold exclusively
3
:  to deal with or close in advance
4
:  to subject to foreclosure proceedings
intransitive verb
:  to foreclose a mortgage

Examples of FORECLOSE

  1. They've been unable to make their mortgage payments, and the bank has threatened to foreclose.
  2. The bank has threatened to foreclose their mortgage.

Origin of FORECLOSE

Middle English, from Anglo-French forclos, past participle of forclore, forsclore, from fors outside (from Latin foris) + clore to close — more at forum
First Known Use: 15th century

Browse

Next Word in the Dictionary: foreclosure
Previous Word in the Dictionary: foreclosable
All Words Near: foreclose

Seen & Heard

What made you want to look up foreclose? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More