Foreclose (Verb)
Meaning 1
Keep from happening or arising; make impossible; "My sense of tact forbids an honest answer"; "Your role in the projects precludes your involvement in the competitive project".
Classification
Verbs of political and social activities and events.
Examples
- The discovery of a reliable vaccine could foreclose the need for expensive and time-consuming treatments.
- Her contract with the current publisher would foreclose her opportunity to work with another company on this project.
- The lack of available funds may foreclose the possibility of launching the business next year.
- This merger would foreclose any chance of the company remaining independent in the future.
- Researchers' prior knowledge of potential conflicts of interest can foreclose their participation in certain studies.
Synonyms
Hyponyms
Meaning 2
Subject to foreclosing procedures; take away the right of mortgagors to redeem their mortgage.
Classification
Verbs of buying, selling, owning.
Examples
- The bank will foreclose on the house if the homeowner fails to make the next three mortgage payments.
- The lender has threatened to foreclose on the property unless the borrower brings the loan up to date immediately.
- After missing several payments, the couple received a letter stating that the bank intended to foreclose on their home.
- If the payments are not made on time, the court may grant permission to foreclose on the property and sell it at auction.
- The homeowners were disappointed to learn that they would not be able to stop the lender from attempting to foreclose on their house.