forecloses

listen to the pronunciation of forecloses
İngilizce - İngilizce
third-person singular of foreclose
foreclose
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.

foreclose
to prevent from doing something
foreclose
to bar by judicial proceedings the equitable right of a mortgagor to redeem property
foreclose
{v} to shut up preclude, prevent, flop
foreclose
{f} take away the right of a mortgager to redeem his property; hinder; prevent; shut out, exclude; close or settle beforehand
foreclose
To shut up or out; to preclude; to stop; to prevent; to bar; to exclude
foreclose
subject to foreclosing procedures; take away the right of mortgagors to redeem their mortgage
foreclose
The process by which a lender seizes an asset (usually a home or other real estate) after the owner has defaulted on the loan
foreclose
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 )
foreclose
keep from happening or arising; have the effect of preventing; "My sense of tact forbids an honest answer"
forecloses