From Middle English foreclosen, forclosen, from Old French forclos, past participle of forclore (“to exclude”), from for + clore (“to shut”). Some senses originated from or were influenced by Middle English forclusen (“to close up”), from Old English forclȳsan (“to close up”), equivalent to for- + close.
- (transitive) To repossess a mortgaged property whose owner has failed to make the necessary payments.
- They have to move out of their house because the bank foreclosed on their mortgage.
- (transitive) To cut off (a mortgager) by a judgment of court from the power of redeeming the mortgaged premises.
- (transitive) To prevent from doing something.
- (transitive) To shut up or out; to preclude; to stop; to prevent; to bar; to exclude.
- The embargo with Spain foreclosed this trade.