foreclose

verb

fore·​close (ˌ)fȯr-ˈklōz How to pronounce foreclose (audio)
foreclosed; foreclosing; forecloses

transitive verb

1
: to shut out : preclude
2
: to hold exclusively
3
: to deal with or close in advance
4
: to subject to foreclosure proceedings

intransitive verb

: to foreclose a mortgage

Examples of foreclose in a Sentence

They've been unable to make their mortgage payments, and the bank has threatened to foreclose. The bank has threatened to foreclose their mortgage.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In New York, mortgages can take years to foreclose because New York is in the minority of states that always require judicial proceedings to foreclose. Joshua Stein, Forbes, 26 Sep. 2024 He’s been trying to sell for 16 years and now a bank is trying to foreclose. Adriane Quinlan, Curbed, 10 Sep. 2024 The city had foreclosed and taken ownership of the property on June 14, and the employee went there to perform a standard walkthrough of the home. Chris Ramirez, Journal Sentinel, 27 Sep. 2024 The developer that turned the old downtown Dayton's department store into a massive office and retail complex is in jeopardy of losing the building as its lender attempts to foreclose on the property. Nick Halter, Axios, 2 Oct. 2024 See all Example Sentences for foreclose 

Word History

Etymology

Middle English, from Anglo-French forclos, past participle of forclore, forsclore, from fors outside (from Latin foris) + clore to close — more at forum

First Known Use

15th century, in the meaning defined at transitive sense 1

Time Traveler
The first known use of foreclose was in the 15th century

Dictionary Entries Near foreclose

Cite this Entry

“Foreclose.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreclose. Accessed 22 Nov. 2024.

Kids Definition

foreclose

verb
fore·​close (ˈ)fōr-ˈklōz How to pronounce foreclose (audio)
(ˈ)fȯr-
: to take legal measures to end a mortgage and take possession of the mortgaged property because the conditions of the mortgage have not been met
foreclosure
-ˈklō-zhər
noun

Legal Definition

foreclose

verb
fore·​close fōr-ˈklōz How to pronounce foreclose (audio)

transitive verb

: to subject to foreclosure proceedings

intransitive verb

: to foreclose a mortgage or other security interest compare repossess, seize sense 2
Etymology

Anglo-French forclos, past participle of foreclore to preclude, prevent, from fors outside + clore to close

More from Merriam-Webster on foreclose

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