Definify.com
Webster 1913 Edition
Foreclose
Fore-close′
,Verb.
T.
[
imp. & p. p.
Foreclosed
; p. pr. & vb. n.
Foreclosing
.] [F. ]
forclos
, p. p. of forclore
to exclude; OF. fors
, F. hors
, except, outside (fr. L. foris
outside) + F. clore
to close. See Foreign
, and Close
, Verb.
T.
To shut up or out; to preclude; to stop; to prevent; to bar; to exclude.
The embargo with Spain
foreclosed
this trade. Carew.
To foreclose a mortgager
(Law)
, to cut him off by a judgment of court from the power of redeeming the mortgaged premises, termed his equity of redemption.
– To foreclose a mortgage
, (not technically correct, but often used to signify) the obtaining a judgment for the payment of an overdue mortgage, and the exposure of the mortgaged property to sale to meet the mortgage debt.
Wharton.
Webster 1828 Edition
Foreclose
FORECLO'SE
,Verb.
T.
The embargo with Spain foreclosed this trade.
To foreclose a mortgager, in law, is to cut him off from his equity of redemption, or the power of redeeming the mortgaged premises, by a judgment of court.
[To foreclose a mortgage is not technically correct, but is often used.]
Definition 2024
foreclose
foreclose
English
Verb
foreclose (third-person singular simple present forecloses, present participle foreclosing, simple past and past participle foreclosed)
- (transitive) To repossess a mortgaged property whose owner has failed to make the necessary payments.
- They have to move out of their house because the bank foreclosed on their mortgage.
- (transitive) To cut off (a mortgager) by a judgment of court from the power of redeeming the mortgaged premises.
- (transitive) To prevent from doing something.
- (transitive) To shut up or out; to preclude; to stop; to prevent; to bar; to exclude.
- Carew
- The embargo with Spain foreclosed this trade.
- Carew
Translations
to repossess
to prevent from doing something