foreclose

verb
fore·​close | \ (ˌ)fȯr-ˈklōz How to pronounce foreclose (audio) \
foreclosed; foreclosing; forecloses

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 in a Sentence

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

Recent Examples on the Web

The motel was foreclosed in the 1980s, and opened as a museum in 1991. Pamela Wright, BostonGlobe.com, "You can visit, as long as you promise not to sing ‘Walking in Memphis’," 16 July 2019 Any possibility that this intraparty squabbling would become serious was probably foreclosed by Trump’s attack, which caused Pelosi and others to rush to the Squad’s defense. Eugene Robinson, The Mercury News, "Robinson: GOP silence in response to Trump’s racism is staggering," 16 July 2019 Among the issues cited was a 2011 regulatory order from the Office of Thrift Supervision saying OneWest had failed to follow various procedures when foreclosing on homeowners. Andrew Khouri, Los Angeles Times, "HUD approves settlement with OneWest Bank resolving redlining allegations," 29 July 2019 The shell companies' links to Hannity were first reported by the Guardian, which said that many of the properties were bought after banks foreclosed on their previous owners after the Great Recession. Stephen Battaglio, latimes.com, "Fox News host Sean Hannity's real estate holdings draw scrutiny," 24 Apr. 2018 In some jurisdictions, such as the District of Columbia, if a lender forecloses on property, the owner must vacate the property. Benny L. Kass, chicagotribune.com, "What happens to renters when a property is in foreclosure?," 6 June 2017 In the years following the storm, homeowners in areas affected by Sandy were foreclosed upon at twice the rate of those in similar neighborhoods elsewhere in the U.S., according to an Urban Institute study published in April. Sophie Kasakove, The New Republic, "New York’s Invisible Climate Migrants," 11 July 2019 Eden’s bond debt will be reinstated, subject to an agreement where the bondholders will not foreclose so as to allow for time for the repairs. Patrick Danner, ExpressNews.com, "San Antonio-area retirement community’s bankruptcy plan OK’d," 2 July 2019 The employee also swore at Ingrum’s real estate agent and spread a rumor that the bank had foreclosed, according to the affidavit. Isaac Arnsdorf, ProPublica, "How a Top Chicken Company Cut Off Black Farmers, One by One," 26 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'foreclose.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of foreclose

15th century, in the meaning defined at transitive sense 1

History and Etymology for foreclose

Middle English, from Anglo-French forclos, past participle of forclore, forsclore, from fors outside (from Latin foris) + clore to close — more at forum

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Statistics for foreclose

Last Updated

18 Aug 2019

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Time Traveler for foreclose

The first known use of foreclose was in the 15th century

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More Definitions for foreclose

foreclose

verb

English Language Learners Definition of foreclose

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

foreclose

verb
fore·​close | \ fōr-ˈklōz How to pronounce foreclose (audio) \

Legal Definition of foreclose

transitive verb

: to subject to foreclosure proceedings

intransitive verb

: to foreclose a mortgage or other security interest — compare repossess, seize sense 2

History and Etymology for foreclose

Anglo-French forclos, past participle of foreclore to preclude, prevent, from fors outside + clore to close

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More from Merriam-Webster on foreclose

Rhyming Dictionary: Words that rhyme with foreclose

Spanish Central: Translation of foreclose

Nglish: Translation of foreclose for Spanish Speakers

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