Definition of Foreclose. Meaning of Foreclose. Synonyms of Foreclose

Here you will find one or more explanations in English for the word Foreclose. Also in the bottom left of the page several parts of wikipedia pages related to the word Foreclose and, of course, Foreclose synonyms and on the right images related to the word Foreclose.

Definition of Foreclose

Foreclose
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. The embargo with Spain foreclosed this trade. --Carew. 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.

Meaning of Foreclose from wikipedia

- equitable title to the property in fee simple. Other lien holders can also foreclose the owner's right of redemption for other debts, such as for overdue taxes...
- Cupid Forecloses is a 1919 American silent comedy film starring Bessie Love and Wallace MacDonald. It was directed by David Smith and produced by Vitagraph...
- Foreclosure or repossession: the possibility that the lender has to foreclose, repossess or seize the property under certain cir****stances is essential...
- mortgage. If the borrower fails to meet these conditions, the mortgagee may foreclose to recover the outstanding loan. Typically the borrowers will be the individual...
- their stations in life. Kevin receives a letter from the bank about foreclosing the marina, and relapses by taking shots of tequila. Meg learns from...
- facilitated nationalism. The religious prohibition on charging interest foreclosed most of the entrepreneurial skills among Muslims, although it did flourish...
- Standard called in the loan, cash-strapped Universal could not pay, Standard foreclosed and seized control of the studio on April 2, 1936. Although Universal's...
- a living for him and his daughter on a farm but the bank is about to foreclose. A man involved in robbing a gold shipment offers him gold for hiding...
- If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments,...
- A bank walkaway is a decision by a mortgage lender (a bank) to not foreclose on a defaulted mortgage (when the borrower has ceased to make the payments)...
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