Simple Definition of foreclose
: to take back property because the money owed for the property has not been paid
Examples of foreclose
They've been unable to make their mortgage payments, and the bank has threatened to foreclose.
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
Rhymes with foreclose
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