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foreclose

fore·close [ fawr klṓz ] (past and past participle fore·closed, present participle fore·clos·ing, 3rd person present singular fore·clos·es)


verb 
Definition:
 
1. transitive and intransitive verb end mortgage: to take away a mortgagee's right to redeem a mortgage, usually because payments have not been made
The bank foreclosed on the property.

2. transitive verb shut somebody or something out: to bar or exclude somebody or something ( formal )

3. transitive verb settle something beforehand: to settle or resolve something in advance ( formal )

4. transitive verb prevent something: to prevent or hinder something ( formal )

5. transitive verb hold something exclusively: to have an exclusive right or claim to something ( formal )

[13th century. < Old French forclos, past participle of forclore< Latin foris "outside" + claudere "shut, close"]

fore·clos·a·ble adjective
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