foreclosed

1 definition found

foreclosed - Collaborative International Dictionary of English v.0.48 :

  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.
     [1913 Webster]
  
           The embargo with Spain foreclosed this trade. --Carew.
     [1913 Webster]
  
     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.
        [1913 Webster]