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Meaning of foreclose

Source language: EnglishDictionary language: English

foreclose

Pronunciation:/ˌfɔːˈkləʊz//ˌfɔɹˈkloʊz/

verb

Definitions

  1. To repossess a mortgaged property whose owner has failed to make the necessary payments; used with on.

    Example: They have to move out of their house because the bank foreclosed on their mortgage.

  2. To cut off (a mortgager) by a judgment of court from the power of redeeming the mortgaged premises.

  3. To shut up or out; to prevent from doing something.

    Synonyms:barexcludepreventstop