Dictionary

foreclose

verb fore·close \(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
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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

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