Definition of "foreclose" in Englisch

verb

1. (transitive, law) To repossess a mortgaged property whose owner has failed to make the necessary payments; used with on.

   • They have to move out of their house because the bank foreclosed on their mortgage.

2. (transitive, law) To cut off (a mortgager) by a judgment of court from the power of redeeming the mortgaged premises.

3. (transitive, originally) To shut up or out; to prevent from doing something.