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foreclose |
Also found in: Legal | 0.02 sec. |
foreclose [fɔːˈkləʊz] vb
1. (Law) Law to deprive (a mortgagor, etc.) of the right to redeem (a mortgage or pledge) 2. (tr) to shut out; bar 3. (tr) to prevent or hinder 4. (tr) to answer or settle (an obligation, promise, etc.) in advance 5. (tr) to make an exclusive claim to [from Old French forclore, from for- out + clore to close, from Latin claudere] foreclosable adj foreclosure [fɔːˈkləʊʒə] n ThesaurusLegend: Synonyms Related Words Antonyms
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| Foreclosing on a co-operative apartment is accomplished in a fundamentally different manner than the traditional methods employed in foreclosing real property. It is not known, however, whether part of that decline can be attributed to lenders cooperating - rather than foreclosing - with reduced-price sales to new buyers. An elderly Malibu couple is foreclosing on the new Los Angeles Convention Center parking structure in an attempt to collect money they are owed on an old lien they have against the land underneath. |
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