Foreclosed

1 definition found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Foreclose \Fore*close"\, v. t. [imp. & p. p. {Foreclosed}; p.
     pr. & vb. n. {Foreclosing}.] [F. forclos, p. p. of forclore
     to exclude; OF. fors, F. hors, except, outside (fr. L. foris
     outside) + F. clore to close. See {Foreign}, and {Close}, v.
     t.]
     To shut up or out; to preclude; to stop; to prevent; to bar;


     to exclude.
     [1913 Webster]
  
           The embargo with Spain foreclosed this trade. --Carew.
     [1913 Webster]
  
     {To foreclose a mortgager} (Law), to cut him off by a
        judgment of court from the power of redeeming the
        mortgaged premises, termed his equity of redemption.
  
     {To foreclose a mortgage}, (not technically correct, but
        often used to signify) the obtaining a judgment for the
        payment of an overdue mortgage, and the exposure of the
        mortgaged property to sale to meet the mortgage debt.
        --Wharton.
        [1913 Webster]