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

- foreclosure, the lender s****s to immediately terminate (that is, literally foreclose any ****ure use of) the equitable right of redemption and take both legal...
- 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)...
- 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...
- Mall do****entary series, cataloging the 2010s urban decay phenomenon of foreclosed shopping malls. For kids of the '80s especially, dead malls have a very...
- Occupy Wall Street protest in New York City: "Foreclose On Banks Not People"...
- properties are acquired by the lender, often for the amount owed on the foreclosed loan. When interest rates rise, home owners with variable interest rates...
- The Apprentice. The project ultimately faltered, and the property was foreclosed upon in 2010. The project began in March 2006, when Atlanta-based firm...
- 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...
- security interest in collateral owned by the borrower and is entitled to foreclose on or repossess the collateral in the event of the borrower's default...