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Foreclose   /fɔrklˈoʊz/   Listen
verb
Foreclose  v. t.  (past & past part. foreclosed; pres. part. foreclosing)  To shut up or out; to preclude; to stop; to prevent; to bar; to exclude. "The embargo with Spain foreclosed this trade."
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.






Collaborative International Dictionary of English 0.48








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"Foreclose" Quotes from Famous Books



... her with a great shame. She felt herself a dilemma. It had been no part of her purpose to allude his debts. Viewed in the light of what was to follow, it would seem to him that she was trying to foreclose his affection. That could not be allowed to pass; the error must be rectified. And yet! . . . And yet this very error must be cleared up before she could make her full wish apparent. She seemed to find herself compelled by inexorable circumstances ...
— The Man • Bram Stoker

... a Brocken-piece I might essay, But bolts of heathendom foreclose the way. The Grecian folk were ne'er worth much, 'tis true, Yet with the senses' play they dazzle you; To cheerful sins the human heart they lure, While ours are reckoned gloomy and obscure. And ...
— The German Classics of The Nineteenth and Twentieth Centuries, • Editor-in-Chief: Kuno Francke

... enough to do it; B has saved, and A, borrowing his "saving," holds it for a time in his shape of drainage. If he can continue to pay interest and gradually "save" to pay off the capital, he will do so; if not, as in the case supposed, B, the mortgagee, will foreclose and legally enter upon his savings in the shape of "drainage" which he really owned all along. But even if A in this case were rightly accused of over-consumption, this over-consumption must be considered as balanced by the under-consumption ...
— The Evolution of Modern Capitalism - A Study of Machine Production • John Atkinson Hobson

... them; Kjartan was to come on board when ten weeks of summer had passed. Kjartan was seen off with gifts on leaving Burg, and he and Bolli then rode home. When Olaf heard of this arrangement he said he thought Kjartan had made up his mind rather suddenly, but added that he would not foreclose the matter. A little later Kjartan rode to Laugar to tell Gudrun of his proposed journey abroad. Gudrun said, "You have decided this very suddenly, Kjartan," and she let fall sundry words about this, from which Kjartan got to understand that Gudrun was displeased with it. Kjartan said, "Do ...
— Laxdaela Saga - Translated from the Icelandic • Anonymous

... allotments in the centre of the town and on the understanding that it should be built on the mortgaged land, whereas it was erected on a free allotment. Which fact was discovered, greatly to its surprise, by the building society when it came to foreclose on the allotments some years later. While the building was being erected the Bourke people understood, in a vague way, that it was to be a convent (perhaps the building society thought so, too), and when certain ...
— Children of the Bush • Henry Lawson


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