2 definitions found
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Foreclose \Fore*close"\, v. 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}, v.
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.
From WordNet r 1.6 [wn]:
foreclose
v 1: keep from happening of arising; have the effect of
preventing; "My sense of tact forbids an honest answer"
[syn: {prevent}, {forestall}, {preclude}, {forbid}]
2: subject to foreclosing procedures; take away the right of
mortgagors to redeem their mortgage
more about foreclose
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