verb

foreclose

to foreclose, to repossess

The bank will foreclose on the property.

The bank will foreclose on the property.

This option forecloses any further discussion.

This option forecloses any further discussion.

((on sth.)) to take possession of (sth.) because payments have not been made The bank will foreclose on the property.

Synonyms: repossess, seize; Antonyms: redeem

From 'fore-' (before) and 'close'. The idea is to 'shut out' or 'bar' someone from their property beforehand.

Imagine the bank 'closing' the door on your property 'before' you can pay.

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