Verb: foreclose for'klowz
- Subject to foreclosing procedures; take away the right of mortgagors to redeem their mortgage
"The bank foreclosed on several properties in the neighbourhood"; "They foreclosed the mortgage when payments were six months overdue"
- Keep from happening or arising; make impossible
"Your role in the projects forecloses your involvement in the competitive project";
- prevent, forestall, preclude, forbid
Derived forms: foreclosed, forecloses, foreclosing
Type of: act, move, reclaim, repossess
Encyclopedia: Foreclose