foreclose

listen to the pronunciation of foreclose
English - English
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.

to prevent from doing something
to bar by judicial proceedings the equitable right of a mortgagor to redeem property
{v} to shut up preclude, prevent, flop
{f} take away the right of a mortgager to redeem his property; hinder; prevent; shut out, exclude; close or settle beforehand
To shut up or out; to preclude; to stop; to prevent; to bar; to exclude
subject to foreclosing procedures; take away the right of mortgagors to redeem their mortgage
The process by which a lender seizes an asset (usually a home or other real estate) after the owner has defaulted on the loan
If the person or organization that lent someone money forecloses, they take possession of a property that was bought with the borrowed money, for example because regular repayments have not been made. The bank foreclosed on the mortgage for his previous home. if a bank forecloses, it takes away someone's property because they have failed to pay back the money that they borrowed from the bank to buy it foreclose on (forclos, past participle of forclore, from fors + clore )
keep from happening or arising; have the effect of preventing; "My sense of tact forbids an honest answer"
foreclose a mortgage
take away the right to redeem a mortgage
foreclosed
Foreclosure is the action that returns the underlying property that secures a mortgage loan back to the mortgage holder
foreclosed
past of foreclose
foreclosed
{s} subjected to foreclosure; hindered; excluded; prevented
forecloses
third-person singular of foreclose
foreclosing
present participle of foreclose
foreclose
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