Word Explorer
Foreclosed
To repossess a mortgaged property whose owner has failed to make the necessary payments; used with on.
📖 Definitions of "Foreclosed"
verb
- 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
To cut off (a mortgager) by a judgment of court from the power of redeeming the mortgaged premises.
- 3
To shut up or out; to prevent from doing something.
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