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...
- foreclosure proceedings in certain jurisdictions, borrowers may require the foreclosing party to produce the note as evidence that they are the true owners of...
- Cupid Forecloses is a 1919 silent comedy film starring Bessie Love and Wallace MacDonald, directed by David Smith. It was based on the po****r novel Hurrying...
- 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...
- seller of goods that forecloses on goods in which it had a purchase money security interest (PMSI) may then return the foreclosed goods to its inventory...
- dealings. In addition, he was notified that his mortgage was going to be foreclosed upon in June 1926. For much of the next year, a neighbor noticed that...
- from IndyMac, OneWest Bank has taken a much more aggressive approach to foreclosing on properties. On November 25, 2009, Judge Spinner in Long Island, New...
- breach(es) are not paid/remedied in a given time, the lender may choose to foreclose the borrower's property. Any other people who may be affected by the foreclosure...
- Industry Multi-level marketing Food & beverage Dietary supplements Fate Foreclosed in 2015 Founded (January 2005; 13 years ago (2005-01)) in South Jordan...
- 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,...