Simple Definition of foreclose

from our Learner's Dictionary

foreclose

verb

forecloses; foreclosed; foreclosing
: to take back property because the money owed for the property has not been paid
They've been unable to make their mortgage payments, and the bank has threatened to foreclose.
often + on
The bank has threatened to foreclose on their property/mortgage.
The bank has threatened to foreclose their mortgage.

Cite this Entry

“Foreclose.” Merriam-Webster.com Simple Definition, Merriam-Webster, https://www.merriam-webster.com/simple/foreclose. Accessed 20 Jun. 2026.

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