foreclosed

verb

  1. 1

    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. 2

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

  3. 3

    To shut up or out; to prevent from doing something.

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