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foreclose

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foreclose


  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 




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