Foreclose

[fɔː'kləʊz] or [fɔr'kloz]

Definition

(verb.) subject to foreclosing procedures; take away the right of mortgagors to redeem their mortgage.

Edited by Angus--From WordNet

Definition

(v. t.) To shut up or out; to preclude; to stop; to prevent; to bar; to exclude.

Typed by Carolyn

Synonyms and Synonymous

v. a. [1]. Preclude, prevent, stop, debar, hinder, shut out.[2]. (Law.) Deprive of the power of redeeming (a mortgage).

Checker: Willa

Definition

v.t. to preclude: to prevent: to stop.—n. Foreclos′ure a foreclosing: (law) the process by which a mortgager failing to repay the money lent on the security of an estate is compelled to forfeit his right to redeem the estate.

Checker: Stan